Condo vs apartment vs subdivision management: what changes
Three owners, three very different jobs: one holds six condo units in four towers, one owns a building, one chairs an association of seventy houses. The money looks similar; the responsibilities do not.
On this page
Scattered condo unitsA whole apartment buildingA subdivision or HOAWhat stays the sameMixed portfoliosScattered condo units
You are responsible for: the inside of each unit, the tenant, the lease, the rent, repairs inside the unit. Not for: the lobby, the gate, the elevator, the pool — the condominium corporation runs those and bills you dues. Money: rent in, dues and RPT as running costs, repairs as expenses; net per unit is the whole picture and varies a lot between towers. People: the tenant, a handyman on call, the building admin as a counterpart. Weekly work: almost none beyond tickets. Platform: units under "managed by others" places, clients, money, documents, the portal. No rota, no gate, no stock beyond a few spares.
A whole apartment building
Responsible for: everything — units, common areas, the door, utilities, the fabric of the building, fire safety, the neighbours' complaints. Money: rent and extras in; general expenses split across units; stock; turnover costs; vacancy days priced. People: tenants, a cleaner or two, perhaps a guard and reception, contractors, an accountant. Weekly work: the rota, tickets, supplies, the walk, the gate log. Platform: all of it. The full guide.
A subdivision or HOA
Responsible for: the common property — roads, gate, streetlights, park, clubhouse — and collecting what pays for it. Not for anyone's house. Money: dues not rent; common expenses split by the by-laws; special assessments; a reserve; an assembly to report to. People: homeowners (and their tenants), elected officers who change, a guard agency, a secretary, an accountant. Weekly work: the gate, common-area maintenance, tickets about shared things, notices. Platform: association mode — dues, homeowner portal, gate with vehicles, officers as roles, notices, the association report. HOA guide.
What stays the same
A ledger of money in and out per door. A document trail — lease or by-laws, IDs, receipts. A monthly close and a pack for whoever keeps the books. Data privacy duties. A chase rhythm for whoever has not paid. That common core is why one platform covers all three with the words changed.
Mixed portfolios
An owner who has a building and six condo units — common — runs both in one workspace, with the building as a stacked place and the condo units under "managed by others". The portfolio roll-up sums them; the per-place views keep them separate. An HOA treasurer who also owns rental houses keeps two workspaces, because they are two sets of books.
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Describes the platform as it is today. Something out of date? Tell us. · help 0.12.3