Services: WEG* Property ownership management

If you decide to engage MADS UG (limited liability) Property Supervision and Facility Management to manage your owned flats/apartments, you can rely on our competence, proficiency, reliability and accuracy.

We are an independent company which acts discreetly and tactfully and always tries to harmonize the different ideas of the individual owners, thus providing the best management of your property.

It is our declared aim to make you – as the owner of a property – feel sure that your property is being properly maintained and has its best perspective of an optimum increase in value.

• Construction management maintenance by means of timely recording and execution of maintenance work
• Smooth and conflict-free execution of well-prepared owner meetings
• Timely implementation of decisions by the owner community
• Transparency in all accounting and administrative procedures
• Comprehensive commercial, legal and technical advice and support
• Detailed and regular information of all owners
• Close co-operation with the administrative board

In the execution of our tasks, we are assisted by professional and efficient partners, including architects, experts and reliable crafts companies, who perform flawless work on both major measures as well as minor repairs and repairs and submit serious accounts.

• Check of all existing insurances necessary for the management of the property.
• Construction management maintenance by means of timely recording and execution of maintenance work
• Smooth and conflict-free execution of well-prepared owner meetings
• Timely implementation of decisions by the owner community
• Transparency in all accounting and administrative procedures
• Comprehensive commercial, legal and technical advice and support
• Detailed and regular information of all owners
• Close co-operation with the administrative board
• Supervision and taking out of property insurances and liability insurances necessary for the common property
• Acting in the event of damage, including settlement of claims
• Conclusion and supervision of maintenance contracts
• Preparing audits, checking fire and lightening protection systems
• Finding and authorizing of experts to issue energy certificates
• Ordering of keys
• Nearly permanent availability to our owners
• Periodical consulting hours in your property
• Correspondence, consulting and information of owners
• Periodical reportings to our owners
• Regular inspection and check of the structural condition of your property; supervision of all technical installations/systems in connection with maintenance contracts
• Assessments / technical surveys / establishment of long-term repair costs planning / renovation and sanation concepts
• Providing and enforcing warranty claims, organising maintenance and repair measures (price enquiries, on-site visits, making up price comparison lists, consulting, placing orders, tendering procedures, inspection, invoice control, payment/settlement of payment)
• Coordination and consulting talks with the advisory board
• Checking of documents
• Initiating supervision and enforcement of the house rules
• Dealing with complaints in case the general house rules are violated
• Management concepts and correspondence with utility and disposal companies
• Employment and supervision of assistants/helpers
• Regular check of the maintenance of the property
• Professional and prompt bookkeeping
• Making of the annual accounts with individual invoicing and implementazion of necessary adjustments
• Making out of annual invoices in form of an income/surplus statement for owners
• Payments management for the common property
• Supervision of maintenance payments as well as other deposits and payments
• Preparing maintenance payments and budget plans
• Demands for payments in case of default of maintenance payments
• Keeping of current accounts and reserve accounts of the house community
• interest-bearing investment of the maintenance reserves
• Careful keeping of all documents
• Representing the community in and out of court as well as asserting the house community’s claims against third parties and single owners
• Negotiating with authorities; complying with official requirements and regulations
• Organizing, summoning and holding an owners’ meeting and, if necessary, organizing extraordinary meetings
• Recording and implementing decisions made in the meeting; forwarding the minutes to all the owners of the property
• if mentioned in the declaration of division or the purchase contract: presenting the declaration of consent to the purchase of the residential property on behalf of the owners