Physical
Condominium
Management
CINAM investments provides a full spectrum of management services aimed at owners of all types of commercial and residential property in Uganda. By focusing our efforts on optimizing the value of your assets in a cost effective way, we achieve optimal returns on investment while reducing outgoings. Land acquisition, survey, documentation, titles and transfers.
Liaison services between lessor and lessee.
Proactive planning for increased convenience for condominium owners.
Integrated leasehold management through by providing access, liaison, administrative, and professional services for long leases and extension.
Monitoring and accounting for the useful life and condition of the estates/property.
Full and proper screening or testing of an applicant’s credit, criminal history, rental history and ability to pay.
Listing properties for rent or helping negotiate leases.
Regular properties inspection to ensure quality service from contractors and to keep on top of any service or compliance issues.
Major building components are more thoroughly inspected twice annually to determine what major projects are necessary in the upcoming seasons.
Cinam develops an annual calendar based on each condominium’s unique maintenance needs to ensure that no detail is overlooked.
Mitigation and remediation regarding any maintenance issues, generally within a budget, with prior or conveyed consent via a Limited Power of Attorney legally agreed to by the property owner.
General Maintenance of properties.
CONDOMINIUM
The term ‘’CONDOMINIUM’’ applies to a type of property ownership rather than to any distinct particular style of building. The term “CONDOMINIUM” does not refer in any way to the physical structure of the building or building complex.
TYPES OF CONDOMINIUMS
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Residential condominiums,
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Non-residential condominiums
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Vacant Land
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Leasehold Condominium
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Leasehold Condominium
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Common Elements Condominium
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Phased Condominium
ADVANTAGES OF BUYING A CONDOMINIUM
There are many advantages to condominium living. Some of these are:
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It is more economical, generally, than comparable non-condominium housing.
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It enables people of moderate and middle incomes to own their own homes.
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It makes private ownership possible in areas where land values would ordinarily make this too expensive.
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It eliminates some of the problems of upkeep and maintenance often associated ownership
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It allows ownership in a multi-unit property with each owner paying his or her separate realty taxes
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It gives the owners a right, in different ways, to participate in decisions which affect their homes.
