Apartment building management functions

The relevance of the study is conditioned by the objective of t he Russian Federation state policy in the sphere of apartment building’s management, which is to ensure the security of apartment buildings and favorable living conditions for citizens. Communities of property owners can achieve this by employing a sustainable system of effective apartment building management and engaging professional market service providers. The urgency of the issue dictates the purpose of the study, which consists of the need to form theoretical and practical foundations in the aspect of management functions of apartment buildings in modern conditions. Flaws within the apartment building’s management system create various problems. The research consistently considers the concept of “apartment building management”, identifies commonly accepted management functions, develops and formulates definitions of the management functions concepts as links of the apartment building management process. These functions contribute to ensuring efficient management activities of property owners and management organizations in the current period and in the future.