Property management for flats (WEG)

The property management for flats (WEG) in the German residential property law refers to the task on the part of the property management and their management activity relating to the common property. It comprises, not only in relation to larger houses, but also smaller property, a number of different tasks. From the maintenance and intense care of the property, through accounting to extensive correspondence with various suppliers and contact persons. We are pleased to take over the comprehensive property management for flats for you and take care of your property not only from the technical, but also commercial point of view. You can also benefit from our extensive experience in property management for flats on a variety of scales. We can offer you:

  • Organisation and conduct of the annual property owner meeting.
  • Preparation of the annual economic plan.
  • Preparation of the annual housing subsidy billing.
  • Substantive and commercial control and handling of all payments.
  • Control and selection of the appropriate insurance and the settlement of claims.
  • Supervision and coordination of caretaker services, cleaning, winter services and care of property green spaces.
  • Conducting all correspondence.
  • Acquisition and control of cost estimates for workers.
  • Contracting repair works, supervision and control.
  • Conclusion of contracts in the frame of the managing activity and undertaking legal transactions.
  • Collection of fees to be paid by property owners, preferably by direct debit.
  • Constant supervision and, if necessary, enforcement of house rules and owner obligations.
  • Reserve management and planning.
  • Close cooperation with the Management’s Advisory Board.
  • Preparation of service specifications for larger renovation and maintenance works and preparation for the architect.
  • Cooperation with the architect and supervision.
  • Advising to the owners in case of problems in questions related to personal property (see also ETK personal property management).
  • Regular control visits at the facility.
  • Any and all office costs like postage, copying, EDP costs.