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:
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- Swimming pools
- Spas
- Parking garages
- Building exterior
- Trash
- Fitness center
- Working with contractors on the maintenance and repair for the following items:
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- Elevators
- Landscaping
- Trash compactor/hauling services
- Fire & Life Safety