Owners' Union | An Integrated Real Estate System

Satel Realty Company is one of your destinations as a real estate developer for managing the Owners' Association and operations of maintenance and management that allow you to rely on our licensed professionals for satisfactory results for clients who purchase units in the property. We are your first address to represent and assist you in reflecting after-sales services professionally, resulting in client satisfaction that will inevitably reflect their approval. Since we work on the comprehensive management of individual properties, we reflect our work and services in property management on Owners' Associations for multi-owner properties. Some of our provided services include:

Administrative and Financial Tasks:

  • Providing appropriate consultations regarding establishing the Owners' Association and preparing its internal regulations.

  • Managing board meetings.

  • Enhancing social communication between property owners.

  • Preparing and managing financial plans, monitoring the annual budget, and preparing financial reports.

  • Reaching the best decisions by consensus of the Owners' Association board members.

  • Providing reports that clarify the work done within the property periodically, as well as reports on the budgets showing the property's financial status.

Operational Tasks:

  • Providing all services that contribute to the success of the Owners' Association, such as maintenance, cleaning, security, and safety services.

  • Maintaining the property's value and appearance to suit its residents' standards.

  • Marketing vacant units for rent, selecting tenants, and managing rent collection.

  • Reselling properties.

  • Post-evacuation maintenance of vacant units.

  • Reducing the burdens on the Owners' Association and carrying out their tasks on their behalf by adopting modern administrative methods and systems.

  • Resolving legal and other problems if they arise, settling disputes among residents, and finding solutions for their needs and requirements.

  • Providing a specialized team from Satel Realty for maintenance and cleaning services.

  • Paying property-related expenses.

  • Following up on all legal issues related to the property and settling them with specialized government entities.

  • Documentation of internal and external property operations.

  • Conducting weekly field visits by our quality team for evaluation.

  • Tracking payment of electricity and water bills and elevator contracts.

  • Develop plans and schedule annual and periodic maintenance for facilities such as cleaning and disinfecting tanks, spraying insecticides, maintaining cameras and access control devices, cleaning exteriors, and replanting landscaping.