Condo corporation management in Montreal: budget, AGM, reserve fund, and compliance.

Condo board management

Gestion Velora is a Montreal condo corporation management firm specializing in full condo board administration. We handle the administrative, financial, and technical management of your condo corporation: annual budget, common fees, reserve fund, annual general meeting (AGM), condo register, common area maintenance, and Loi 141 compliance. Our dedicated condo manager ensures full transparency for the board and every unit owner.

Condo corporation administration

• Shared annual compliance calendar (AGM, budget, insurance, vendor contracts) with the board.
• Agenda preparation, document collection, and notice distribution within legal timelines.
• Structured minutes with decisions, owners, and clear follow-up deadlines.
• Condo register upkeep: declaration, building by-laws, AGM minutes, contracts, and financial statements.
• Convening and conducting the annual general meeting (AGM)
• Meeting minutes and condo register maintenance

Financial and accounting management

• Line-by-line annual budget with assumptions and year-over-year comparisons.
• Monthly variance tracking (budget vs actual) with corrective action recommendations.
• Collection dashboard for receivables, arrears, and staged recovery actions.
• Reserve fund planning aligned with building condition and upcoming capital work.
• Reserve fund management
• Annual condo budget preparation

Technical management and common area maintenance

• Project prioritization by risk, resident impact, and total lifecycle cost.
• Structured bid process (scope, timeline, criteria) for fair vendor comparison.
• Execution follow-up with checkpoints, approvals, and documented decisions.
• Emergency and claims coordination with insurers, experts, and residents.
• Common area maintenance and condo management in Montreal
• Contractor selection and bid management

Communication and owner relations

• Single communication channel to reduce delays and conflicting information.
• Request handling with acknowledgement, priority level, and target resolution windows.
• Proactive notices ahead of interventions (work, access, disruptions, deadlines).
• Centralized documentation accessible to the board for decision continuity.
• Liaison with unit owners and the board
• Complaint and request handling

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