Building maintenance is one of the most important aspects of co-ownership management A well-maintained building guaranties the co-owners’ satisfaction and peace of mind but also preserves the property and protects the investment
In this article, you will discover the most crucial... Lire la suite
For those who do not quite understand accounting, managing a joint venture’s accounts can seem difficult Whether you are a trustee or a member of a syndicate’s board of directors, having a basic understanding of accounting can help you manage a co-ownership more efficiently
When acquiring a divided co-ownership, the buyer not only buys the unit but also part of the property’s common portions The common portions are not divided equally; each co-owner buys a fraction in proportion to the value of their unit
In a... Lire la suite
As you might already know, a co-ownership manager has many responsibilities and must have communication skills and knowledge in the administrative, financial, and tax fields That being said, a manager can not only be expensive but also risky There are deadlines and specific requirements to meet,... Lire la suite