A
TMO is a means by which council or housing association
tenants and leaseholders can collectively take on
responsibility for managing the homes they live in.
Those
resident members of the TMO create an independent
legal body and usually elect a tenant led management
committee to run the organisation. The TMO can then
enter into a legal management agreement (contract)
with the landlord. The TMO is paid annual management
and maintenance allowances in order to carry out the
management duties that are delegated to them.
TMOs
can take different forms
and sizes. Many are
tenant
management co-operatives – using
co-op rules. Others
may
take the form of not-for-profit
companies. Some TMOs
manage just a handful
of homes while others
manage large estates
of two or three thousand
properties. The small
TMOs may rely mainly
on voluntary effort
but most employ staff
such as housing managers,
caretakers and repair
workers.
The
services managed by the TMO vary with local circumstances
but may include day-to-day repairs, allocations and
lettings, tenancy management, cleaning and caretaking,
and rent collection.