Renprop is a South African Property Company that has a unique approach of divisional diversity – geared to focus on the varied property requirements in the sector – Residential, Commercial and Management.
Renprop Management is a specialized property management company that manages and maintains property assets on behalf of institutional and private investors in both the Commercial and Residential property sectors.
• Property management
• Estate and facilities management
• Rental asset management / Managing agent
Renprop is accredited with the EAAB (Estate Agency Affairs Board), NAMA (National Association of Managing Agents) and SAPOA (South African Property Owners Association) and is a registered Financial Service Provider subject to the scrutiny and audit of all affiliations.
Residential Property Management
The Residential Property Management division manages both the financial and administrative affairs of residential complexes and Estates in addition to providing advisory work on Sectional Title and Home Owners Association matters. The team is led by a Portfolio Manager.
Renprop Managements operates a separate Trust account in the name of the Body Corporate and produces a full statement of accounts each month and a Financial Pack for each Body Corporate within 2 weeks of month end.
• Levy collection and arrears – (registered debt collector)
• Payment of all creditors and utilities against strict protocols
• Management of Trust and Investment accounts with embedded governances
• Insurance facilitation through brokerage
• Monthly financial and administrative reporting for Trustees/Directors
• Detailed annual budgeting
• Annual AGM co-ordination with full audit, budget and Trustee election
• Participation i9n Trustee Meetings as agreed during the term
• Advisory work on Sectional; Title and HOA matters