Service Performed |
Service Rendered on Behalf of the Association |
Service Frequency |
Cost to Association |
Administrative |
Accounts Receivable |
Daily |
Included in Fee |
Administrative |
Collections on delinquent accounts |
Monthly |
Included in Fee |
Administrative |
Maintaining Association Bank Accounts |
On Going |
Included in Fee |
Administrative |
Accounts Payable |
Weekly |
Included in Fee |
Management |
Preparation of Financial Reports & Record Keeping |
Monthly |
Included in Fee |
Administrative |
General Correspondence & Membership Mailings |
As required |
Included in Fee |
Management |
Annual Budget Preparation with Board Approval |
Annually |
Included in Fee |
Administrative |
Coordinate the Annual Meeting and its notices, proxies, and Certificate of Mailing |
Annually |
Included in Fee |
Administrative |
Maintenance of Official Records |
On Going |
Included in Fee |
Management |
Board Meetings, Agenda preparation, Minutes Documentation, Manager Attendance |
As required |
Included in Fee |
Management |
Manager's Report |
As required |
Included in Fee |
Management |
Liaison with Association’s CPA, Preparation of Local, State & Federal Filings, Payments, and Returns in accordance with instructions. |
As required |
|
Management |
Covenant Enforcement Assistance, Weekly visits to the community |
Weekly / Monthly |
Included in Fee |
Management |
Board of Directors & Homeowner Training |
As required |
Included in Fee |
Management |
Supervision of Vendors |
As needed |
Included in Fee |
Administrative |
Sale Coordination/Certified Assessment Certificate Prep |
As needed |
Included in Fee |
Management |
Newsletter Coordination |
As required |
Included in Fee |
Administrative |
Insurance Administration |
As required |
Included in Fee |