What is Block Management?
Block Management is the management of residential developments. This at times is also referred to as property management or estate management. However not all property management companies or estate management companies would carry out block management services. The term block management therefore is reserved exclusively for the management of residential developments. Block Management is the process of managing residential properties. This includes collecting service charges, collecting ground rents, organising works and organising maintenance on the property. The following are also included but are not limited to:
- Internal communal cleaning
- External cleaning
- General repairs
- Major works
It is important to check with your agents that manages your block as to what their services entails and what they charge for their basic management fee. It is this fee that is implemented in the service charge budget which you as the leaseholder will have to contribute to pay.
Please contact us if you have any questions.
Advance Block Manangement