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Association Managers offers a full range of operational, administrative and management
services to community associations. These services include:
Operational and Administrative
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Inspect property to look
for future maintenance needs as well as common area or residences needing attention |
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Assist with the
selection of contractors and regular oversight of contractors |
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Offer logistical support
for Board and homeowners meetings |
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Layout and prepare a
quarterly association newsletter |
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Maintain all official
records of the association, including tax records, insurance, lot ownerships and changes,
and meeting minutes |
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Prepare disclosure
documents |
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Maintain a list of
renters, if necessary, as well as mailing address of non-resident owners |
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Maintain all necessary
insurance coverage |
Financial Management
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Prepare and mail
assessment bills (with special messages from the Board as needed) and follow-up to
minimize past due assessments by using a special AMI report modifications to the SBT
Vision Point accounting system |
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Prepare monthly
financial statements (with notes to assist in the understanding of the numbers),
including a budget report, based on the accrual method of accounting |
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Pay vendor bills,
deposit funds, and reconcile bank statements |
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Maintain cash
disbursements and cash receipts journals and general ledger and trial balance |
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Maintain bank accounts
in an FDIC insured account with an average yield of 4% on all balances |
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