Benefits of ManagementDotty2017-03-28T15:46:15-07:00
The Benefits of Our Professional Management Team
Collect monthly dues, special assessments, fees, fines and all other monies for and in the name of the association.
Monitor the collection of late dues, write delinquent letters to owners and work with attorney on legal matters requiring a lien and/or foreclosure.
Pay all pertinent bills, such as water, sewer, garbage, electricity, maintenance and any others authorized by the board.
Prepare monthly and year-end statements with copies sent to designated board members. Such documents include monthly activity statement, year to-date with respect to budget and year-end revenue/expense report.
Help in preparing annual budget, reserve accounts and annual audit.
Help in preparing IRS tax statement.
Attend Board meetings at least quarterly or at the specific request of the board to discuss concerns and further projects of the association.
Meet with committees to discuss progress and any problems related to special projects and everyday operations.
Attend associations’ annual meeting to answer questions concerning any project and/or regular operations.
Send out meeting notices and minutes to all owners.
Be available to any owner if there are questions or concerns about association business.
Help prepare specifications, receive bids for all aspects of association operations, meeting with the appropriate committee to discuss same and present to board.
Supervise all association contractors to insure a professional performance and quality of job.
Act as an adviser to the association for any special needs such as rewriting documents, reviewing insurance policies, architecture review, reserve analysis, etc.
Drive-by inspections, reporting any irregularities to the board.