The best condominium trustee inParis
Benefit from the advice of a local, responsive trustee with modern tools adapted to your needs. Take advantage of personalized management of your condominium, combining expertise and transparency, to ensure the proper functioning of your building on a daily basis.
Opt for the serenity
Union Foncière de France is a global and independent real estate services institution. Our various jobs allow us to guarantee you a 360 approach.
Learn moreAnswers provided in less than 24 hours
Our teams are committed to responding to your requests in less than 24 hours: managing a claim, a question about your expenses, a project to be carried out in general meetings, etc.
250 condominiums managed in Paris
Take advantage of the experience of our teams based in Paris. They will make you benefit from their expertise in the management of local heritage and its particularities.
24% savings on average
Our teams will support you in optimizing the expenses of your condominium in order to benefit from the best services at the best price.
Why choose us?
Responsiveness at the best price
Availability is at the heart of our commitment as a condominium trustee. We understand that managing a condominium requires a quick and effective intervention in the face of unexpected situations or urgent needs of co-owners. This is why we have set up a dedicated, available and responsive team, capable of intervening quickly to ensure the safety and proper functioning of your building.
A set of experts at your disposal
We put at your service a multidisciplinary team composed of qualified professionals, specialized in various fields such as financial management, real estate law, technical maintenance, and claims management. This collective expertise allows us to respond accurately and effectively to each situation, by providing adapted and optimized solutions.
Total transparency
We believe that the trust of co-owners is based on clear communication and information accessible at all times. This is why we offer you complete visibility on the management of your condominium, by providing you with all the accounting documents, the minutes of general meetings, and the monitoring of work in real time via modern online tools.
THElocal anchoring of our trustee in Paris is a major asset that allows us to offer a local service and optimal responsiveness to our co-owners. With our in-depth knowledge of the specificities of Paris, we are in a position to anticipate the needs and expectations of the buildings we manage, taking into account the particularities of the local real estate market, legal standards, and issues related to Parisian urban planning.
By being located in the heart of Paris, we maintain privileged relationships with a network of local service providers, selected for their expertise and reliability. This allows us to quickly mobilize the best craftsmen and professionals for emergency interventions or renovation work, guaranteeing reduced deadlines and quality follow-up.
- Average price per square meter : Approximately 10,500 euros/m², which varies greatly from one district to another. In the most popular neighborhoods (6th and 7th districts), prices may exceed 15,000 euros/m², while in the peripheral districts (19th or 20th), they are located around 8,500 to 9,000 euros/m².
- Price trends : Increase of more than 100% over the last twenty years. However, a slowdown or slight decline has recently been observed due to tighter credit conditions and rising interest rates.
- Gross rental yield : On average between 3% and 4%, relatively low compared to other French or European cities, due to the high prices of goods.
- Vacancy rate : Very low, around 3%, testifying to continued strong rental demand, fuelled by permanent residents, students, traveling professionals and tourists.
- Real estate transactions : Approximately 35,000 transactions recorded in 2023, down slightly compared to previous years. Buyers are mostly French residents, but a significant portion of the high-end market is occupied by international investors.
- Rent control : Since 2019, a system has limited the price of rents in order to make housing more accessible, although this has led some owners to adapt their rental strategy.
- Impact of regulations : The Climate and Resilience Law imposes energy renovations for homes classified as “energy sieves”, increasing pressure on condominiums to finance this work.
Condominium management in Paris presents numerous challenges, often linked to urban density and the ancient nature of the building stock. Parisian buildings, often built In the 19th or early 20th century, require regular maintenance and renovation work to meet current safety and comfort standards. These renovations, which are sometimes cumbersome and expensive, involve collective decision-making, which can be complex due to differences in interests between co-owners.
Another major challenge lies in complying with constantly evolving regulations, especially with regard to energy efficiency and the accessibility of buildings. The Climate and Resilience Law requires, for example, to renovate homes classified as” energy strainers ” under penalty of sanctions. These new obligations represent a significant investment for co-owners, requiring rigorous organization on the part of the trustee to find financing solutions, such as grants or collective loans.
The management of common areas, which are essential for the proper functioning of a building, is also a central issue. Elevators, heating systems, facades or roofs, all these elements require careful monitoring. In addition, there is the issue of noise pollution and neighborhood relationships, which are frequent in a dense urban environment like Paris. The trustees must then use mediation and diplomacy to maintain a good agreement between the co-owners.
The detail Of our
missions and benefits
associates
Flexible general meetings
Participate in condominium meetings in our premises in Paris and wherever you are, by video.
Responsiveness and expertise
We provide you with a team of professionals, based in our premises in Paris and with all the skills necessary for the management of a condominium: manager, technical manager, lawyer, accountant.
Management of the works
Our teams of experts advise you and select the best artisans in Paris in order to support you in the maintenance and regulatory upgrade of your condominium. We also recommend work that will make it possible to enhance your building over time and optimize its costs and energy performance.
Lower your expenses
We carry out a complete audit of your building's expenses in order to identify ways to save money. We then challenge our partners in Paris in order to offer you the best service for the best price.
CSR strategy, energy savings
We put sustainable development at the heart of everything we do. We advise co-owners in their strategy for greening their building, in order to improve the energy performance and attractiveness of their properties by relying on artisans in Paris.
An emergency management service 7 days a week
Be serene, we will take care of contacting our local partners in Paris in order to intervene as soon as possible.
Management in tune with the times
Modern and effective tools that allow you to consult and interact at any time.
Your documents in one click
Find all the information and documents of your condominium in a few clicks on your dedicated space.
Flexible AGs
Participate in condominium meetings wherever you are, by video or in person.
Camille D.
Nathalie V.
Isabelle K.
Laurent L.
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Customer satisfaction at the heart of our concerns
How to change trustee
in 5 steps
Our teams can also assist you in the management and valuation of your property on a daily basis and over the long term.
We listen to you
We conduct an initial interview in order to fully understand your needs and your desire to change trustees.
Recommendations and solutions
We carry out an initial audit of your condominium in order to offer you solutions and an adapted offer.
Vote at the general meeting
We propose our offer at the general meeting, vote on the resolution and drafting of the minutes.
Retrieving archives
Retrieval of the archives relating to your condominium by the new trustee.
Launch of support
Union Foncière de France becomes your reference point of contact.
Call on a Specialist real estate hunter
Questions frequent
What is a condominium trustee?
One condominium trustee is a professional or an entity (professional trustee or volunteer trustee) responsible for the administrative, financial, and technical management of a condominium. He legally represents the syndicate of co-owners and ensures the proper maintenance of the building as well as compliance with the condominium regulations.
The missions of a condominium trustee include:
- Administrative management : organization of general meetings, keeping of minutes, management of condominium documents.
- Financial management : development of the provisional budget, collection of condominium fees, management of accounts and invoices.
- Technical management : supervision of maintenance or renovation work, monitoring of maintenance contracts (elevators, heating, etc.).
The trustee can be a specialized company (professional trustee) or a co-owner elected by the other members of the condominium (volunteer trustee).
What are its missions?
The missions of a condominium trustee are varied and fall into three main categories: administrative, financial, and technical. Here is a summary of the main missions:
1. Administrative management
- Organization of general meetings : prepare the convocations, facilitate the meetings, and write the minutes.
- Implementation of decisions of the General Assembly : implementing decisions made by the co-owners, such as work or the establishment of new services.
- Maintaining condominium documents : ensure the management and updating of official documents (condominium regulations, registers, archives, etc.).
2. Financial Management
- Elaboration of the provisional budget : prepare the condominium budget to cover current expenses and anticipate possible work.
- Account Management : collecting condominium fees from the co-owners, paying the suppliers, and keeping the accounting of the condominium.
- Recovery of unpaid bills : in case of late payment, initiate the necessary procedures to recover the charges due.
3. Technical management and maintenance
- Supervision of maintenance and renovation works : organize, supervise, and control the work necessary for the maintenance of the building (roof, facades, security systems, etc.).
- Monitoring of maintenance contracts : ensure the proper functioning of common equipment (elevators, heating systems, green spaces, etc.) by negotiating and supervising contracts with service providers.
- Claims Management : report and monitor claims with insurance companies to guarantee the repair of damage suffered by the building.
These missions aim to guarantee the good management and preservation of the building as well as the well-being of the co-owners.
Is a trustee mandatory?
Yes, the condominium trustee is mandatory for all condominiums in France. The law imposes its presence in order to guarantee rigorous and transparent management of common goods and expenses. It is the trustee who ensures the administration of the building and ensures its proper maintenance, by applying the condominium regulations.
However, there are several types of trustees:
- The professional trustee : a specialized company mandated by the general meeting of co-owners.
- The volunteer trustee : a co-owner elected by the other co-owners to manage the condominium.
- The cooperative trustee : a hybrid form where several co-owners, organized into a union council, manage the building themselves.
The absence of a trustee is illegal and can have consequences for the condominium, such as the impossibility of subscribing to insurance contracts or carrying out work. If a condominium is left without a trustee, the court may appoint a provisional administrator to re-establish management.
How do I change trustee?
Changing the condominium trustee requires following a precise process in order to comply with the legal rules in force. The first step is to consult the co-owners to assess their satisfaction with the current trustee and discuss the possibility of replacing him. Once a consensus has been reached, it is important to compare the offers of several professional trustees. This comparison makes it possible to assess the services, prices, as well as the responsiveness of potential providers in order to choose the one that best suits the needs of the condominium.
Then it is necessary To register the change of trustee on the agenda of the next general meeting. During this meeting, it is crucial to present the co-owners with the various comparative offers so that they can vote in full knowledge of the facts. If the majority of votes are in favor of the new trustee, the new trustee will be officially elected.
Finally, once the vote has been carried out and validated, it is necessary to sign the contract with the new trustee and to ensure a smooth transition with the former trustee. This includes the transmission of management documents, accounts, and essential information to ensure uninterrupted management of the condominium.
Who should you contact in case of problems with your trustee?
In the event of a problem with your current trustee, several steps can be taken to resolve the situation. The first step is to contact the trustee by sending him a letter or an email to explain the problem clearly and precisely. It is important to document the facts and provide evidence if possible, such as photos or copies of documents, in order to facilitate the resolution of the dispute.
If the problem persists or if the trustee does not respond in a satisfactory manner, you can then turn to the union council of the condominium. The mission of the syndicate council is to monitor the activity of the trustee and to defend the interests of the co-owners. He can act as a mediator and put pressure on the trustee to take the necessary measures.
In the event that these steps are not enough, it is possible to call on a ombudsperson or to a Conciliator of justice to try to find an amicable solution. These professionals can intervene free of charge or at moderate costs and facilitate communication between the parties.
Finally, as a last resort, if the conflict is not resolved, it is possible to seize the Judicial court to request the replacement of the trustee or to obtain compensation for the damages suffered. In this case, it is advisable to be accompanied by a lawyer specialized in real estate law in order to maximize its chances of success.
How much does a trustee cost?
The cost of a condominium trustee varies depending on several factors, such as the size of the condominium, the location of the building, and the services included in the contract. In general, the fees of a professional trustee consist of two types of expenses: current management fees And the fees for exceptional services.
Les current management fees cover basic tasks, such as administrative management, the organization of general meetings, the maintenance of accounts, and the regular maintenance of common areas. These fees are often calculated per lot (apartment, garage, etc.) and generally vary between 150 and 250 euros per lot per year.
In addition to these basic fees, the trustee may charge exceptional benefits Or additional costs for specific services that are not included in current management. This may be, for example, the management of major works, the treatment of claims, or the management of unpaid invoices. These fees are generally priced by the hour or according to the amount of the work.
In total, the average cost of a professional trustee for a condominium can be between 200 and 400 euros per lot per year, depending on the services selected and the complexity of management. To reduce these costs, some condominiums choose a volunteer trustee Or a cooperative trustee, which are often less expensive but require a commitment from the co-owners to manage the building themselves.
