For more information, please contact 905-726-3586 or submit the inquiry form below
Each Month the Condominium Manager prepares a Monthly Management Report which includes all on-going items at the corporation. This includes but is not limited to day to day operations, monthly repair and maintenance updates/status and unit owner concerns received in that month.
EXISTING CLIENT FORMS
Our staff are professional and courteous and we have a good working relationship with all our Condominium Board of Directors. We keep full written documentation for all letters of correspondence, minutes, reports, newsletters and Property Management reports. We are a "TEAM" approach company and we all work together to ensure our Board of Directors and Corporations needs are met 24 hours a day, 7 days a week.
We offer a variety of resources for your properties:
For all corporations we set up two separate bank accounts, one for the day to day expenses being the Operating Account and the second account is the Reserve Fund Account in which only the major expenditures of the corporation are paid.
All bank accounts require two signatures, which can be two board members, or one board member, and the principal of Cheval Property Management.
Cheval Property Management archives all corporation documents in a secure location for easy access.
Each month we complete Bank Reconciliations for both Corporation Accounts and provide a full Financial Report for the Board of Directors which includes a Balance Sheet, Income Statement, Account Transactions, Aged Account Receivable Summary and a full Statement for each Bank Account.
SERVING THE REAL ESTATE INDUSTRY SINCE 1991