Our Services
SERVICES PROVIDED
ADMINISTRATIVE:
Prepare Meeting Packages for Board
Attend scheduled Board of Directors Meetings as per contract
Prepare for and attend Annual Meetings or Special Meetings; assure that all meeting requirements and notices follow Maryland Law.
Maintain computerized data base of homeowner information, including architectural changes, phone calls, and work orders
Accept, investigate and respond to homeowner calls and correspondence
Investigate reported problems occurring in common areas
Promptly respond to claims of damage to the common property
Provide 24-hour emergency phone contact service if needed
Follow the community’s procedures for enforcement of community rules and regulations
Process Insurance Claims
Maintain and store all community records
BOOKEEPING AND FINANCIAL:
Provide options for payment of assessments- e-check, charge card, automatic debit
Prepare monthly financial statements: Balance sheet, Income and Expense Statement, General Ledger and Delinquency Report
Prepare a draft of the annual budget
Monthly reconciliation of the association’s bank accounts
Manage accounts payable
Prepare year-end materials for auditor for both audit and taxes; provide the auditor with access to all records
Assist association in obtaining and implementing a professional Reserve Study to determine the remaining useful life of common elements
Follow the collection policy of each community to include applying late fees, sending our late letter reminders and final warnings
Work with the Board to limit the delinquency rate; coordinate collection proceedings with the association’s attorney and represent community in court as necessary
PROPERTY MANAGEMENT:
Act as the liaison between the Board of Directors and the Homeowners
Review common areas for maintenance needs and respond to reports of common area maintenance needed
Obtain competitive bids for service at request of the Board and act as the liaison between the Board and contractors
Manage and supervise contracts awarded by the Board of Directors including ground maintenance, snow removal, building maintenance, pest control and improvement projects
Supervise maintenance of common areas, common facilities and equipment
Assist with the preparation of bid specifications and negotiate contract terms for contract services