Finance - Property Manager

This is the specialist property management professional. As most urbanizations are run by a community of owners who elect their own president from the owners to represent them. The community is likely to employ an administrator to manage the day to day tasks. Preparing the annual budget, paying staff (cleaner, gardener, lifeguard) paying bills, and calculating and collecting dues from each resident.

The administrador will organise and preside over each communities annual general meeting and keep the minutes. He will advise the president and members on the procedures and requirements according to the Ley de Propiedad Horizontal (Law the governs communities) and the specific Statutes of the community.

Administradors de Fincas also belongs to a Colegio.

In David Searls excellent book "You and the law in Spain" there are several chapters on the running of communities including a translation of the Ley de Propiedad Horizontal. His book can be purchased from many bookshops and newsagents on the coast or online from the publishers at www.santanabooks.com.

 

 

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