Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

What is Owners Corporation Management?

By Julia Roger Subscribe to RSS | May 30th 2012 | Views:

Owner’s corporation management is defined as a group of managers who are jointly appointed by an owners corporation to carry out the management and administration functions of the common property. Some of the key functions of the OCM includes collection of fees, insurance maintenance, general maintenance and repairs and financial records maintenance.

It is important to register the corporation management to ensure smooth and uninterrupted functioning. A particular member of this management should necessarily be an adult having the required amount of professional indemnity insurance cover and is not solvent under administration. Once the owner corporation management has been registered, you must make all the efforts to maintain this registration. In case, the management fails to comply with the laid down guidelines, the registration will be automatically cancelled.

One of the essential functions of the owners corporation management is that of building management services. Maintaining a given property in all its aspects is not an easy task and requires a lot of careful consideration of the various factors associated with it. This is because proper maintenance of a particular building is very important to ensure its longevity. Building management services entails many important functions like discovering of water leaks, reducing equipment downtime, incorporating more of renewable sources of energy, detecting unnecessary lighting, which wastes energy, and so on.

It is best to hire a building management services company on a contractual basis. This is because these companies come with an extensive amount of experience within this domain and have a well-qualified team of engineers. They are well aware of all the building automation systems, in and out. The building management system that is set up will make it easy for you to monitor, operate and manage all the required procedures.

Julia Roger - About Author:
For more information on owners corporation management, check out the info available online; these will help you learn to find the building management services!

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Business Articles Subscribe to RSS

Benefits of hiring the services of agencies for getting property to rent and other things to be look into
Published by Cathrine Mckay on June 6th 2012 | Business
Taking the property to rent by hiring the services of agencies is although expensive for you yet it ...
What are the special offers and services of crossword?
Published by Dinesh on May 5th 2012 | Business
Crossword is one of the famous book store chain of India. They have stores in over eighty five citie...
Swimming Pool Builders: - Premium Pools provide the best pool services in INDIA.
Published by Pinky Sharma on June 5th 2012 | Business
I come from a lower middle class family in Lucknow that, no matter its conditions, placed huge empha...
Mercedes repair services in Surrey
Published by Marcos Della on May 11th 2012 | Business
From the routine general car repair services to major car repair, our repair services take care of a...
Understanding the services of RV storage Corona CA
Published by Rabbecaanderson on April 22nd 2012 | Business
Some storage you can't access without a card issued. This is as good as long as employees in the org...
Cloud services for backup restoration
Published by Roger White on May 25th 2012 | Business
A fair number of organizations use traditional file recovery utility in combination with cloud servi...
Claim management firms find 12 million pound PPI payout
Published by Sam Hopkins on February 14th 2012 | Business
About 12 million pound payable to the customers beneath the protection net for those who have been p...
Order fulfillment services - its advantages and benefits
Published by Ema Sis on August 23rd 2012 | Business
Fulfillment also known as order fulfillment or else products fulfillment will be it whereby a person...
Phoenix Pool Contractors : - We have Provides various pool services in Phoenix.
Published by Microcell Systems on February 6th 2012 | Business
Premier Pools and spas is one of the most successful, accuracy and flexible custom pool builders in ...
Get versatile reallocation services by these innovative companies
Published by Ankita Kumari on January 12th 2012 | Business
Rapid industrialization and commercialization are creating enormous demand for packing and moving co...
Look out for plant and tool hire services
Published by Jones Peter on April 14th 2012 | Business
With the plant hire services you can improve the overall working capacity and environment in your ho...
Go for comprehensive packing and moving services by the right company
Published by Ankita Kumari on February 29th 2012 | Business
Shifting from one place to another is not an easy process. It requires huge level of things to pack ...
The automobile services offered with good gear supplies.
Published by Mayank Gandhi on June 26th 2012 | Business
The Automobile Gear Suppliers are in plenty and to choose the best from them is further a bit tough ...
Make waste management easy with skip bins
Published by Matthew Arthur on August 6th 2012 | Business
Waste, trash or garbage is needed to be disposed in a proper way. There are many reputed companies w...
Temple Realtors offer specialized services related to property transactions
Published by Rori Lyn on March 2nd 2012 | Business
If you are planning to sell the house then the very first thing you would like to know is how much y...
Outsourced title services leads to satisfied customers!
Published by Amitaabh Saboo on January 16th 2012 | Business
As a small mortgage business proprietor, you cannot overlook the significance of outsourced title se...
Transform your home with our fabulous interior design services from Unique Gifts and Interiors Ltd
Published by on June 18th 2012 | Business
We believe that your home should be your solace and a place where you can relax and de-stress where ...
Where to find security recruitment services
Published by Janis Buchanan on March 28th 2012 | Business
Security services are very essential for the success of any individual, business or organization. Th...
Importance of shredding services in business organisations
Published by Canberra Marketing on December 3rd 2011 | Business
For any business organisation, or government outfit, keeping paper credentials containing sensitive ...