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managing agent
Is it a conflict for a shareholder to be the manager of our five-unit co-op?
… is also on the board and expects payment for their management role they will need to disclose a conflict of … and conflicts of interest … In order to operate a property management company in New York at least one person in the … collect money says Mark B Levine principal at the property management firm EBMG If this shareholder doesnt have a …
How to deal with a renovation that violates your co-op or condo board's alteration agreement
… roles is approving renovations You are also responsible for addressing any work that violates the allimportant … or shutting down the job though you still have recourse if the latter describes your situation Either way knowing … failure to shore up the perimeter The cement was approved to help support the heavy floorplate in the prewar …
How often should our property manager be at our co-op building?
… and productive says Michael Wolfe president of property management at FirstService Residential New York The property managers responsibilities are broad ranging from the … Wolfe says Depending on your contract your property manager may be involved in collecting maintenance or common …
A financial report for our co-op building does not add up. How can I request an audit?
… you get involved in requesting an audit you should have an accountant or someone with a strong accounting background to review the buildings financial … more than that You need proof and thats where you need an accountant Wagner says In some cases there may be …
5 things to consider before hiring a managing agent for your co-op or condo building
… paying expenses and keeping other critical records The accounting program must be robust accurate and … or contractors and professionals such as attorneys and accountants Berkow says Not only do you need clear content … priority for a managing agent They should be aware of legal accounting health and other changes in your environment and …
