CONDO PARTNER, developed by the team at Issues Central Inc., provides practical guidance and an easy-to-use framework to help board members and property managers address these critical concerns: Value, Risk and Liability.
Through a combination of group workshops, one-on-one assistance, surveys and questionnaires, and optional tools and templates, the CONDO PARTNER process takes board members and property managers through activities to:
Identify the key risks and opportunities facing the corporation.
Validate, and if needed, implement key operational controls for effective management of the corporation.
Provide reporting visibility on key performance indicators to ensure that the corporation is on a stable footing.
Make the most efficient use of time for board members and property managers.
Signoff with confidence on the annual financial audit based on a solid foundation of risk management and effective internal controls.
ELEVATOR UPTIME EXAMPLE:
The time the four elevators at TSCC 123! are available for Residents or On-Service
The unavailable time is based on elevator availability tracked by security for “Out-of-Service” Conditions.