Condominium Management
Management of condominium properties requires unique management skills, requiring diplomacy, patience, and the ability to multi-task to multiple owners in a fast-paced environment. With a dedicated management team assigned to each property, consisting of a property manager, property administrator and property accountant, the Novacorp team, reporting to the Board of Directors, coordinates day-to-day operations at the properties including:
- Marketing and leasing
- Managing tenant relations
- Coordination of repairs and maintenance
- Coordination of service contracts
- Attendance at Board meetings
- Project management of capital improvements
- Financing and mortgage renewal assistance
Our team is well versed in the operational requirements of each Corporation as set out in the Declaration and By-laws as well as requirements of the Nova Scotia Condominium Act and related legislation. As a member firm of the Canadian Condominium Institute (NovaScotia Chapter), Novacorp is current on industry trends and practices.
In addition, Novacorp assists Developers in the start-up of new Corporations, compilation of By-laws, operating budgets, etc., prior to pre-sale marketing activities, and acts as interim property manager during that crucial period between first occupancy and registration of the Condominium Corporation.
