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Why Hire An Association Management Company

Administrative


Communication with homeowners on behalf of the Board
Interpreting association legal documents and assuring homeowner compliance
Keeping up with laws which affect homeowners associations
Negotiating and managing service contracts
Obtain insurance quotes, handle insurance claims, and interpret insurance coverages between the association and homeowners.
Attend board and annual meetings, perform on-site walk-throughs.
Prepare and distribute meeting notices, agendas and proxies
Assist association with writing association documents on matters such as rental policy, late fees and fines, notices, etc.
Prepare resale certificates and escrow questionnaire information
Do capital replacement reserve studies for the association

 

Financial Services


Pay all invoices
Collect all dues, assessments, and delinquencies
Provide monthly financial statements of operating and reserve accounts
Assist in the preparation of the annual budget
Work with auditor in preparation of annual tax and audit requirements
Coordinate with attorney any collection actions
Provide tax preparation services for association tax returns