Condominium Management

Great Service Matters – Experience the Best with Limestone Property Management

We offer complete Condominium Management. Here’s what’s included:

Administrative Services

LPM’s initial agenda with any new condominium is the review of your existing condo corporation’s documents, including the Declaration, By-Laws, Rules & Regulations, Agreements, Financial Statements, Minutes of Meetings, General Operating & Reserve Fund Budgets, Machinery & Equipment, as well as Insurance policies.
We will also engage in meeting and listening to all routine contractors and condo employees who are responsible for the provision of such services as the maintenance of assets, cleaning of common elements & security.
Other administrative services include Enforcement of all necessary documents, while consistently aligning with the Condominium Act, 1998; Producing Status Certificates; Typing of minutes and general meetings; 24-hour telephone answering service; Attendance at board meetings and annual general meetings; Preparation and distribution of agenda, proxies, and notices; Direct liaison with owners.

Physical Management

Compilation of data regarding equipment, components and warranties
Scheduling of maintenance and supervision of work
Selection of staff to provide and maintain the standard of services required
Invitation of tenders and quotations for work
Regular inspection of common elements
Control of inventory and purchases
Furnish monthly or quarterly detailed up-to-date maintenance reports to the Board as required
Maintain a 24-hour emergency response service

Communication

24-hour telephone answering service
Attendance at board meetings and annual general meetings
Preparation and distribution of agenda, proxies, and notices
Direct liaison with owners

Financial Management

Collection of monthly common expense fees including all other accounts receivable
Verifying and approving of all invoices
Maintaining a Corporation’s financial records
Management and investment of surplus operating funds & reserve funds
Financial statements (monthly, quarterly, annually) including: Balance sheet; Income statement; Accounts receivable and account payable report; Reserve fund and investment report; Bank reconciliation
Preparation of Annual Operating Budget
Reserve Fund plan administration

What Our Happy Clients Say

“I wanted to express our thanks, in helping us find out next home, to the staff at Limestone Property Management. We have always been home owners and this was our first experience to look for a rental home. Right from the beginning, Limestone Staff (Reception, Adam, and Kate) have been very prompt, accommodating and helpful. We truly appreciate your help in our transition. We highly recommend people looking for a rental home to use this property management company!”

– Kathy M.

Serving

Kingston
Napanee
Gananoque
Brockville
Ottawa

Head Office

110 Railway Street
Kingston, ON K7K 2L9

Phone: 613-530-3340

Fax: 613-530-3459

Email: [email protected]

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