In the current real estate market, rental management is an increasingly common strategy that facilitates processes for owners and tenants. In this article, we will explore what this strategy entails, the services provided and, finally, some benefits and precautions to consider with rental management.
Rental Management: Definition, Types and Advantages Read More »
Condominiums depend on administrators to manage common parts, such as paying bills and hiring necessary services. If an agreement cannot be reached regarding the person’s choice, legal action can be taken and the court will then make the appointment. The condominium administrator can be elected and dismissed by the condominium assembly. However, this option is rare because you can always opt for rotating administration or hiring a company.
How to Ensure Better Condominium Management Read More »
Living in a condominium brings with it the need for efficient, transparent management that meets the needs of all residents. However, a situation may arise where you find yourself unhappy with your condominium administrator, whether due to ineffective management, lack of communication or failure to fulfill legal and administrative responsibilities.
Unhappy with your admin? See 7 measures you can take Read More »
The lack of affordable housing is a growing trend in Portugal, which results from a reduction in the supply of houses for purchase or lease. To address this problem, the More Habitação program was implemented, which includes urban simplex measures. Although there are various advantages associated with the urban simplex, these measures are not isolated from cliffs.
Urban simplex: advantages and risks Read More »
When living in a condominium, a condominium owner is considered the owner of the fractions allocated to him and co-owner of the common parts and the facade of the building. As such, it is also responsible for condominium works in common areas.
Building works: Find out which ones require authorization from the City Council Read More »
Various types of work can be done in a condominium, but innovative work stands out as interventions that surpass basic maintenance. These initiatives aim to introduce significant improvements by modifying common areas to enhance the living space. Innovative projects are optional and designed to improve common areas for the collective benefit. They provide additional advantages, such as increased comfort, safety, or improved functionality of the building.
Innovation Works: Improvements That Value and Protect Read More »
There are several situations that can end in major consequences, even if it is a building with hundreds of people. Condominium insurance was created as a way to facilitate the resolution of these problems.
4 reasons to purchase collective condominium insurance Read More »
When it comes to condominiums or multi-unit buildings, one of the main concerns is ensuring that each owner pays their share of common expenses. This includes expenses such as maintenance, cleaning, security, among others. To calculate this proportion fairly, permillage comes into play, a fundamental tool for understanding and distributing these expenses equitably
Permillage: discover the proportion of each fraction Read More »
Condominium upkeep is essential for preserving and enhancing buildings. Whether it involves renovating common areas, upgrading infrastructure, improving security, or adding new amenities, it’s crucial to understand the various types of work and their schedules. This ensures a high quality of life for residents and the long-term durability of the property.
Types of Work Within Condominiums: The Differences Read More »
The topic of majorities in the assembly often generates discussions and heated emotions when it comes time to make decisions. Although the concept of democracy governs life in a condominium, with regard to assemblies, not all condominium owners have the same voting power.
Deliberations in assemblies: the majorities Read More »
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