The 5 common errors in condominium management

Error #1: Not keeping rigorous accounts. Many volunteer syndics manage finances informally. This is a mistake that can lead to conflicts and legal problems.

Error #2: Communicating only via WhatsApp. WhatsApp groups are convenient but not professional. Important messages get lost and there is no traceability. Use a dedicated tool.

Error #3: Neglecting preventive maintenance. Postponing small jobs costs more in the long run. Establish an annual maintenance plan and provision for expenses.

Error #4: Not organizing a general assembly. Law 18-00 requires at least one GA per year. Failing to hold it exposes the syndic to sanctions and deprives co-owners of their right to vote.

Error #5: Managing unpaid bills with laxity. Late payments accumulate if nothing is done. Set up an automatic reminder system and offer online payment facilities.

The solution? Digitize your management with a tool like SyndicHubs. Automatic accounting, centralized communication, online GAs, and automatic reminders — everything is simplified.