Even for co-owners, the role of the property manager is not always very clear. What are their powers? What are their responsibilities? How does it work? What does the property manager do for the fees paid to him?
For a co-ownership to work, three parties must work together harmoniously:
• the syndicate of co-owners (bringing together all the owners of lots in the building)
• the co-ownership board (made up of co-owners elected at a general meeting to monitor the management of the building) the property manager, who is the person or company appointed by the board to ensure the day-to-day management of the building (administration, conservation , custody, maintenance ...).
From a technical point of view, the property manager applies the decisions voted during the general meeting of co-owners: issuing mission orders, signing supply contracts, ordering, monitoring and acceptance of work, modification of the co-ownership regulations, subscription of insurance policies, implementation of legal proceedings… He does not decide anything on his own, except in an emergency (conservatory work necessary to protect the building, for example).
Of course, the propertymanager also sends quarterly fundraising calls, in order to collect the provisions corresponding to the budget voted in the general meeting, which makes it possible to cover the expenses of the co-ownership, including the fees of the property manager. The larger the building, the more contracts, equipment or service providers it has, the lower the share of the property manager’s fees in these charges.
Even if he is not employed by the co-ownership, the property manager is fully involved. Its role is to enhance the heritage of each of the many condominiums it takes care of, and to ensure the well-being of the people who live there. To manage a condominium well, you have to take care of it as if you lived there!
It is a profession that is similar to a vocation, with busy days that follow one another but are never alike, with some emergencies and a lot of people during building visits, because thanks to the dematerialization of files and nomadic digital tools , a trustee is most often in the field to observe, explain, and reassure.
Un métier qui s’apparente à une vocation, avec des journées bien remplies qui se suivent mais ne se ressemblent pas, quelques urgences et beaucoup d’humain pendant les visites d’immeubles, car grâce à la dématérialisation des dossiers et aux outils numériques nomades, un syndic est le plus souvent sur le terrain pour constater, expliquer, et rassurer.