Tuesday 27 December 2011

Handling over Property

Hand Over The Right Of Property Management













A proper handling over property is the first and essential steps in property management provision.
It is to ensure that all relevant assets, documents and records on the maintenance and management of the property are properly handed.

PROPERTY MANAGER ROLE DURING HAND OVER
  • Prepare and set up Property checklist
  • Carry out general inspection audit
  • Implement deed of mutual covenants, house-rules and by-laws

Prepare And Set Up Property Checklist
Items involve in the checklist are:
  1. Relevant assets
  2. Assets auditing
  3. Documents and records on property management
  4. Documents and records on property maintenance
  5. Financial records of the property

Carry Out General Inspection Audit
It is because to establish the current state of repair of the building. It is also needed to check the current conditions of the building especially on the infrastructure and facilities.
Moreover, inspection is needed to identification of the rectification of the defects to ensure proper upkeep of the property. BUILDING AUDIT REPORT is need to be prepared as well. What is building audit report? it is a report that state the building condition which based on a visual general inspection of all relevants component of the building.

Implement The Deed Of Mutual Covenants , House-rules and By-laws
It is drawn up for the smooth and safe operations and have the proper administration of multi-occupied building especially for the common facilities and amenities.

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