Property Management

Services

Property Mangement

Manchester Properties provides the following services for Landlords, Property owners, and Condominium Corporations:

• Rent Collection with a deposit to Trust account set up on behalf of Landlord
• Payment of all invoices from Trust Account
• Administration of Leases
• Review of annual Property Tax Assessments and coordination of appeal by an agent when advisable
• Annual capital and operating budgets
• Reconciliation of Operating Costs
• Communication with tenants as required
• Financial reporting and financial statements for the property monthly and annually
• Preparation and filing of GST Returns for the properties if independent of other GST collections/payments by the Landlord, otherwise, we can provide a GST statement for handling by Landlord if filing directly
• Insurance policy negotiations for Landlord as required pursuant to the lease
• Enforcement process regarding tenant’s responsibility to carry insurance and other tenant responsibilities as required pursuant to the lease
• Supervise property maintenance, preventive maintenance, and repairs including obtaining proposals and the selection of service providers and contractors.
• Liaison between Landlord, residential property manager, and tenants
• Negotiation of new Leases and Lease Renewals
• Respond to any emergency calls on a 24-hour basis – 365 days per year.
• Conduct regular property inspection visits
• Report to Landlord concerning all property matters as needed and seek instructions or approvals as required

Specific to Condominium Corporations

• Collect Condo Fees
• Plan and hold Annual General Meetings
• Send out notices to all Condo Unit Owners