HOA Management Services
Administrative Services
- Schedule and attend annual Board meetings
- Provide detailed Management reports
- Strict enforcement of rules, regulations, by-laws, and covenants
- Proposed Annual budget prepared for the Board’s review/approval.
Financial
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Provide financial statements through the online portal on an accrual basis
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Apply late charges as directed by the board
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Financial reporting package available through the online portal in real time
Accounts Receivable
Offer automatic draft from owner’s checking or savings account at no chargeOffer payment of dues through e-checks and credit cardsDeposit payments to appropriate association accountMaintain individual unit owner payment recordsDiligently pursue collection effortsCollection of delinquent duesLegal liaison – coordinate with attorney to facilitate liens at boards direction
Accounts Payable
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Prompt payment of all association expenses
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Maintain timely payment schedule
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Establish and maintain cash flow
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Maintain detailed electronic records