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Owner, Board of Directors, and Management Company Responsibilities

As a group of owners at Grand Panama, we all share the following responsibilities:

  • Election of the Board of Directors
  • Approval for any amendments made to the Association Bylaws or Declaration of Condominium
  • Maintenance of appliances, water heaters, and the general condition of your unit

The Board of Directors is generally responsible for the following items:

  • Budget approval
  • Approval of major contracts
  • Approval of legal actions for delinquent assessments
  • Approval of any changes made to the Association Rules & Regulations

The Management Company is generally responsible for the following items:

  • General maintenance of the common areas, which includes:
    • Swimming pools
    • Spas
    • Parking garages
    • Building exterior
    • Trash
    • Fitness center
  • Working with contractors on the maintenance and repair for the following items:
    • Elevators
    • Landscaping
    • Trash compactor/hauling services
    • Fire & Life Safety