The responsibilities of the Management Company are:
Administrative Services
- Assist and Advise the Board
- Clerical Services
- Solicit Contract Proposals
- Publish Newsletters
Owner/Board Meetings
- Preparation for Board Meetings and Owners' Meetings
- Assistance at Board Meetings
- Assistance with Owners' Meetings and Elections
- Assistance with Other Meetings as Needed (with attorney or accountant)
Financial
- Banking Account Management
- Assessment Collection
- Delinquent Account Collection
- Payment of Expenses
- Assist Board in Establishment of Payment Policy
- Preparation of Budget
- Conduct Reserve Analysis
- Provide Treasurer's Report at Meetings
Physical Administration
- Property Inspection
- Maintenance Services
- Work with Contractors
- Assist Residents
Association Documents Maintenance
- Articles of Incorporation
- Bylaws
- Declaration of Covenants Conditions and Restrictions
- Minutes of Annual Homeowners'/Property Owners' Meetings
- Minutes of Organizational Meetings
- Monthly Income/Expense Statements
- Contracts & Work Orders