Roles

Before designing an incentive layer for the network, we study the types of roles existing in the ecosystem. These include:

1. Condo Corporation:

   1. A condominium corporation is a legal entity created to manage and maintain the common areas and shared elements of a condominium building or complex.

2. Owners:

   1. Hold ownership stakes in the property.

   2. Participate in major decision-making processes.

   3. Provide input and feedback on condo management issues.

3. Residents:

   1. Live in the condo units, either as owners or tenants.

   2. Engage in community activities and report maintenance issues.

   3. Vote on certain decisions and provide feedback.

4. Board of Directors:

   1. Elected representatives of the owners.

   2. Make strategic decisions and set policies for the condo.

   3. Ensure compliance with governing documents and laws.

5. Superintendents:

   1. Maintain the physical infrastructure of the condo.

   2. Address maintenance issues and manage repairs.

   3. Work under the supervision of the property manager.

   4. Can also be owners or residents.

6. Property Manager:

   1. Oversees the day-to-day operations of the condo.

   2. Implements decisions made by the Board of Directors.

   3. Manages maintenance tasks, financial transactions, and resident inquiries.

7. Vendors:

   1. Third-party vendors that provide services for condominiums on contracted terms.

   2. Selected by Condo’s Management or Board

   3. Their work and time on property is supervised by the Superintendent