Property Managers
- Maintain the property according to the standards of the Association and/or owners
- Maintain assets and secure performance of all items as directed by the Board and owners
- Maintain all forms of insurance related to property, as directed by the Board and/or owners
- Hire and supervise personnel, independent contractors, and vendors as necessary
- Authorize expenses for repairs and maintenance of property, subject to budget guidelines
- Maintain compliance with all requirements of local and national governments or regulatory authorities
Financial Reporting & Analysis
- Prepare annual budgets for associations and properties and provide for Board/owner approval
- Disburse payments for approved invoices- such as insurance premiums, vendor payments, agent fees, etc.
- Maintain office records, books, and financial accounts in a manner approved by the Association/owners
- Collect all assessments and fees due from owners and tenants
- Furnish monthly financial records and other related info to the Board and/or owners
- Report on financial asset reviews, balances, and allocations
Member Administration
- Maintain businesslike relations with the Board and owners, and keep records of all actions taken
- Inform association members of all rules, bylaws, and other governing documents
- Maintain current list of community members, and furnish to Association as needed
- Prepare and mail member assessments, dues, notices, proxies, and ballots
- Attend Board meetings at the request of the Board
- Record meeting minutes for annual homeowners meetings, regular, and special Board meetings