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.