Our Fee Structure
DK Condo recognizes the benefits of precise and accurate budgeting. These benefits include facilitating multi-year planning, the ability to invest funds long term, resulting in higher interest, and the ability to establish accurate and reasonable assessment levels. To assist our communities in this challenge, DK Condo proposes a comprehensive management fee that does not include any reimbursed expenses, other than on-site staff. We will not reimburse from Association funds for postage, photocopying, printing, corporate office supplies, payroll processing, accounting, transaction processing, lock box processing, or any other expense.
Although we have proven this fee structure benefits our communities, we offer as an alternative a fee structure that includes typical reimbursed expenses.
Unlike other firms providing condominium management services, at no time and in no form will any component of Draper and Kramer benefit from incentives including procurement fees offered by a vendor or contractor for any service or good provided to any client. We never require that any client use a particular vendor/contractor. In every circumstance, the choice is that of the Boards.