Management Services / Financial

General

CGM adheres to all relevant legislation - Condominium Act, Tenant Protection Act, Building Codes, Fire Safety Codes, etc.

Administration/Programs

CGM maintains all necessary records for a property and provides support programs:

  • Owner and/or Tenant records
  • Contract files
  • Employee files
  • Employee Training Programs
  • Maintenance and Repair records
  • Preventative Maintenance Programs
  • Rental Programs

Financial

CGM provides complete accounting services for all clients, budget analysis and budget preparation.

CGM provides complete financial reports which includes detailed monthly financial statements by the 15th of the following month. Financial statements can be tailored to each clients needs. For owners and tenants convenience monthly fees and rents can be paid by pre-authorized payment. (See Forms)

Monthly financial statements include:

  • Balance Sheet
  • Budget Comparison Cash Flow (Income and Expense)
  • Reserve Fund Statement for Condominiums
  • Administration of Reserve Fund monies to achieve the greatest return
  • Expense Distribution
  • Aged Receivables
  • Accounts Payable
  • Other statements can be provided as required.

Other

  • 24 hour answering service
  • Site inspections
  • Insurance administration
  • Competitive banking cash management services
  • Liaison with owners and tenants
  • Monitoring of costs and income
  • Staff training
  • Liaison with professionals (auditor, solicitor, engineers, etc.)