Your dedicated condo property manager — administration, finances, and compliance

Condo property manager Montreal

Gestion Velora is a specialized condo management firm in Montreal. Our condo property managers handle all condo board obligations: administration, accounting, reserve fund, common area management, annual general meeting, and Loi 141 compliance. We are the trusted partner for boards that want to delegate day-to-day management to professionals.

Role and responsibilities of a condo property manager

• The condo manager acts as the board's agent: executing decisions, managing operations, and reporting regularly.
• Coordinates all stakeholders (vendors, insurers, lawyers, inspectors) for centralized oversight.
• Primary point of contact for unit owners for all requests and communications.
• Represents the condo corporation in administrative matters and exceptional situations (claims, disputes, major work).
• Full condo board administration
• Board of directors interface

Financial management and Loi 141 compliance

• Annual budget with detailed line items, documented assumptions, and AGM presentation.
• Reserve fund management per Loi 141 requirements: contributions, investment, and use.
• Monthly financial reports with budget-to-actual variances and corrective recommendations.
• Reserve study follow-up to plan major work and avoid unexpected special assessments.
• Annual budget and common fees
• Reserve fund compliant with Loi 141

Technical management and building maintenance

• Structured preventive maintenance program to extend equipment lifespan.
• Structured tendering for comparable quotes and transparent contractor selection.
• Rigorous job-site supervision with milestones, work acceptance, and documentation.
• 24/7 emergency protocols with priority vendor contacts and claims procedures.
• Preventive and corrective maintenance
• Major work coordination

Governance and annual general meeting

• Full AGM preparation: legal notices, agenda, documents, and facilitation.
• Structured minutes with decisions, owners, and deadlines.
• Maintenance and update of the condo register (declaration, minutes, financials, contracts).
• Proactive advisory to the board on governance best practices and regulatory compliance.
• AGM preparation and facilitation
• Minutes and condo register

To compare this mandate with other options, see all services, pricing, and property management articles.