Maintain the Corporation’s books of account and retain full and proper records regarding all financial transactions.
Prepare and present to the Board 45 days before the commencement of each fiscal year.
Provide the board of Directors:
Dollar amount of common expenses
Dollar amount of each disbursements
Name of the owners who are delinquent in payment
Name and amounts of all other delinquent accounts
Particulars of accounts
Maintain the Corporation’s register on behalf of the Corporation, to keep an up to date register of the names and addresses of Owners and /or occupants of the units.
Access to Books and Records
Make available at reasonable times whenever requested to the Corporation.
Collection of Accounts Receivable Including Common Expenses
Actively pursue the collection of outstanding common expenses and with a view to reducing theses receivable to the lowest minimum balance.
To work with and instruct solicitors chosen by the Corporation so they may give proper notice. Collect arrears of common expenses following the institution of legal action.
Approval of Invoices
Make all disbursement properly, incurred copies of all invoices to be provided to the Board.
Prepare for signature of the Board, and to issue and to provide estoppel certificates together with statements and information required to the Act.
Establish and maintain a preventive maintenance program for all major technical and electrical equipment and plumbing systems in accordance with the recommendations of the manufacturers.
Present to the board on a monthly basis a manager’s report to serve as a written form of communication, shall reflect the directives of the Board.