The learner must prepare and present their work. The work should analyze the role and structure of both a Property Management Company (the property service provider) and an Owners Management Company. The learner must also investigate how current legislation has affected them bohttps://www.irelandassignments.ie/th.
PART ONE: The learner should identify and explain the role of the Management Company in the management of residential property. The presentation of Part One of the project should
include 1) A description of the structure of a Property Management Company (the property service provider).
2) Discuss the role of the Property Management Company to include the key services offered under the headings below. – Service Procurement (2 marks) – Financial Reports (2 marks) – Maintenance (2 marks) – Insurance (1 mark) – Service charge collection (2 marks) 3) Current legislation affecting Property Management. – What is it? – How does it affect the management of residential property
PART TWO: The learner should identify and explain the role of the Owners Management Company in the management of residential property. The presentation of Part Two of the project should
include: 1) What is an Owners Management Company?
2) Make a pitch to a board of directors of an Owners Management Company stating why your company should be chosen to manage the block. This should include, experience and services offered. This pitch should conform to the LOE. 3) Banning e-scooters from apartment blocks because of fire hazards, has become more common, how would you enforce this in a complex you are managing?
Marking scheme: 1) A description of the structure of a Property Management Company. (1 marks)
2) The role of the Property Management Company – Service Procurement (2 marks) – Financial Reports (2 marks) – Maintenance (2 marks) – Insurance (1 mark) – Service charge collection (2 marks)
3) Current legislation affecting Property Management. – What is it? (1.5 marks) – How does it affect the management of residential property? (1.5 marks)
13 1) What is an Owners Management Company? (3 marks) 2) Make a pitch to a board of directors of an Owners Management Company stating why your company should be chosen to manage the block. This should include, experience and services offered. This pitch should conform to the LOE. (6) 3) Banning e-scooters from apartment blocks because of fire hazard, has become more common, how would you enforce this in a complex you are managing? (2)
