At its core, Consultech Property Management represents the perfect synergy of two essential pillars in modern condominium management:
Condominium common areas are community spaces that residents can access within the neighbourhood. These areas are available to all homeowners for use and enjoyment.
While all condominiums are unique and offer different amenities, some common area examples include:Swimming pools, Fitness centers, Clubhouses, Business centers, Community parks, Playgrounds, Tennis courts, Pickleball courts etc.
In addition to condominium amenities, other spaces in the community that aren’t located on private lots are also considered common areas. For example, sidewalks, streets, parking lots, shared building hallways, and elevators fall into the condominium common area category. In contrast, properties owned by individual residents aren’t common areas.
Generally, the Common Element Fees (also referred to as CEF or Maintenance Fees) cover the maintenance, repair, and insurance of common areas as defined by the governing documents of the corporation.
The primary governing documents are:
While unlicensed property managers handle individual rental units, licensed condominium property managers specialize in overseeing the shared spaces, finances, and governance of an entire condo community.
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