At LUX Management Inc. we pride ourselves on delivering a personalized touch to our condominium management services. Our philosophy is based on quality, reliability, knowledge, and a hands-on approach. We believe that every condominium is unique and requires a customized approach to property management. Our “turn-key” approach ensures that the board and owners can enjoy peace of mind, while we strive to provide exceptional services and exceed expectations.
LUX is committed to sustainability and ecological standards. We understand the importance of preserving the environment and the impact that it has on our communities. Our team is knowledgeable about the latest green technologies and practices, and we strive to incorporate them into our management style.
Our services extend to a wide range of condominium property types, including residential high-rise, residential low-rise, townhouse complexes, shared facilities, commercial condominiums, including office, industrial, and retail. We offer full condominium property management, administrative, and financial management services. Our construction/project management services are also available to ensure that your property is well-maintained and any necessary repairs or renovations are completed to the highest standards.
At LUX, we understand the importance of building relationships with our clients. Our team is dedicated to providing personalized service and building trust with each of our clients. We believe that a satisfied client is our ultimate gain, and we strive to go above and beyond to exceed expectations.
Contact us today to learn more about our condominium management services and how we can help you achieve peace of mind, while ensuring that your property is well-maintained and managed to the highest standards of sustainability and ecological practices.
Administrative and Property Services:
- Maintain common elements
- Regular site inspection and follow-up
- Carry out assigned tasks specified by the board and by-laws
- Set up and maintain preventive maintenance programs/contracts
- Recommend property improvements and renovations
- Hiring and supervision of staff, security, consultants and contractors/trades
- Contract tendering
- Work/purchase order(s) issuance and follow-up
- Evaluate responsibility and delegate all maintenance issues
- Home owner/member follow-up on by-laws, policies and procedures
- Provide meeting advice as requested by the board
- Set up and execute board and general meetings
- Recording of meeting minutes, agenda preparation
- Investigate suspicions and irregularities and report to board
- Environmental assessment, remediation work and air quality testing
- Maintain all necessary emergency plans and systems to ensure a safe environment
- Consult on new projects
- Tarion issues
- Performance audits
- Builder negotiations
Financial Services:
- Accounts payable (AP) and accounts receivable (AR)
- Common element fee collection
- Common element fee monitoring and arrear reporting (semi-monthly)
- Common element reporting
- Bank deposits
- Maintain accurate records
- Monthly financial statement preparation (unaudited)
- Quarterly financial statement preparation (unaudited)
- Annual financial statement preparation (unaudited)
- Annual financial action plan preparation
- Custom reporting and statistical analysis
- Annual operating budget preparation
- Annual capital budget preparation
- Identifying annual reserve expenditures
- Reserve fund study coordination & RFS updates
- Arrange annual audit; report preparation; auditor follow-up and compliance
- Work/purchase order(s) preparation, issuance and booking
- Development of yearly action plan for the corporation’s reserve fund
- RF and trust accounts
Customer Care Services:
- 24/7 hour emergency response team
- Daily response to board members via telephone and/or email
- Maintain relations with residents and respond to inquiries, comments and complaints
- Infraction and/or compliance letter preparation
- Preparation and issuance of notices, newsletters, etc.
- Preparation and/or update of policies for collections, reserve fund, infractions, parking, maintenance
- Corporation website creation
- Corporation website monitoring & updating
Contact us today to learn more about our condominium management services and how we can help you achieve peace of mind, while ensuring that your property is well-maintained and managed to the highest standards of sustainability and ecological practices.
Please feel free to visit some of our informative links such as condo board’s info page, condo owner’s info page and condo links page.
Visit our CONDO BLOG for ideas, hints, tips and savings
Visit our CONDO GLOSSARY
Please contact us for additional information about Condominium Management
Lux Management Inc.
2275 Upper Middle Rd. E. Ste.101, Oakville, ON L6H 0C3
416-822-72 ninety-nine (7299)
info(at)luxmanagement.ca