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Couet & Associés has been active for 15 years in the field of property management and puts all its expertise at the service of its clients. Professionalism, family atmosphere and proximity are our main qualities.

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The functions of a property manager in Belgium

The functions of a property manager in Belgium

Property manager in Belgium: roles and functions

A real conductor within a co-ownership, the property manager ensures that harmony reigns between the residents of a building or home. Find out everything you need to know about the property manager in Belgium here.

What is a syndic in Belgium?

The syndic of co-ownership is defined as a natural or legal person responsible for managing the co-ownership (administration, finances, rentals, common activities, etc.). The syndic de copropriété or syndic immobilier in Belgium is also the legal representative of the co-ownership. His presence in a residential or commercial building is therefore mandatory.

The property manager is elected at a general meeting by the condominium council. Each year, the syndic calls all the co-owners to a general meeting. However, extraordinary general meetings may also be held throughout the year. The person appointed is invoiced according to his hours or tasks. As co-owners, you are entitled to propose ideas for fees, taking into account the rates applied by the professional.

What are the roles of a property manager?

He is an organiser, a mediator and a manager. To this end, he or she takes on several roles. His main tasks include :

  • Taking care of the administration: he makes sure to manage all the paperwork related to the co-ownership: registration, contract, co-ownership lease, insurance, maintenance contract, etc. He keeps all the administrative documents that may be useful to you (invoices, certificates, etc.).
  • Financialmanagementof the co-ownership: it collects the rents, manages the provisional budget, the individual accounts and statements as well as the various charges that are the responsibility of the co-owners. He collects the money if necessary. He also manages the bank account of the condominium association.
  • Technical management of the building: he ensures that the building is kept clean. He also manages all the common parts of your condominium (maintenance, upkeep, etc.). In the event of a problem, he/she may be responsible for calling in the breakdown service or maintenance service. In this way, he ensures that all work undertaken within the building is monitored.
  • The management of the condominiumingeneral: the property manager ensures harmony and peace in the cohabitation. In the event of neighbourhood problems or complaints, you can turn to the property manager to find a solution.