• Service Type

    Audit & Service Reviews Service Type - Xerendipity Management Bespoke Services - Property Management Specialist Company for High Profile Families HNW & UHNW, Yacht & Private Jet Management Company

  • Service Tasks

    Audit & Service Reviews Service Task - Xerendipity Management Bespoke Services - Property Management Specialist Company for High Profile Families HNW & UHNW, Yacht & Private Jet Management Company

  • Skills Involved

    Audit & Service Reviews Skills Involved - Xerendipity Management Bespoke Services - Property Management Specialist Company for High Profile Families HNW & UHNW, Yacht & Private Jet Management Company
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XM Audit & Service Reviews

XM Property Management Audits & Services are designed to ensure your estate complies with state’s real estate reporting and accounting principles. If your property is going through an audit by your State’s Real Estate Commission, Xerendipity Management is here to help with the XM Audit & Service team. We will guide you through accessing the right reports to provide your auditor and ensure the process is as painless as possible.

The objective of the XM Audit is to assess whether the property, including of the management of leases, if any, is being performed efficiently and was providing an effective level of service delivered to Principal. 

The Audit evaluate property management policies and practices across the following dimensions:

  • planning and control;
  • property processes and practices; 
  • information and performance management.

Within each of these areas, a series of desirable processes and controls, described as the Evaluation Criteria, were developed to assist in the assessment of each property's performance.

The XM Services Tasks is designed to ensure the thorough assessment of your property internal processes and compliance.

Financial Management and Reporting

  • Financial Statements
  • Budget Management
  • Cash Flow Monitoring
  • Tax Compliance

Compliance and Legal Matters

  • Licensing and Permits
  • Contract Management
  • Data Privacy
  • Environmental Regulations

Property Management

  • Maintenance and Repairs
  • Tenant Relations
  • Occupancy Rates
  • Lease Agreements

Risk Management

  • Insurance Coverage
  • Emergency Response

Internal Controls

  • Internal Audits
  • Segregation of Duties
  • Document Management

Employee and Training

  • Staff Training
  • Employee Background Checks
  • Whistleblower Policy

Technology and Security

  • Data Security
  • Software Updates

Navigating the complexities of estate operations requires a sophisticated approach that ensures efficiency, transparency, and thorough management of your properties and assets. XM Services are designed as an essential step toward identifying and fulfilling the unique management needs and goals associated with large luxury estates. Through the strategic implementation of the estate professional skills, we aim to streamline your estate operations, ensuring a seamless management process that addresses every concern with precision.

Main Skills involved in all our service are, but not limited to:

  • Legal and Regulatory Compliance
  • Asset Management
  • Strategic Financial management
  • Staff Management
  • Contractor Management
  • Budget Management
  • Contract Management