Services

  • Maintain Financial Records of the Association
  • Collect Monthly Dues
  • Pay Bills.
  • Reconcile Checking and Savings Accounts Monthly.
  • Prepare a Proposed Budget for Presentation to the Unit Owners at the Annual Meeting.
  • Send Monthly Financial Statements.
  • Prepare Year-end Financial Statements.
  • Prepare and File 1099 Tax Forms for all Independent Contractors.
  • Banking Services.
  • Develop Solid Risk Management Procedures to Minimize Association’s Legal Exposure.
  • Consulting with the Board of Directors to Establish Record Keeping & Information Flow Procedures.
  • 24-Hour Emergency Management & Maintenance.
  • Manage & oversee any projects approved by the association.
  • Interface with Contractors on All Projects involving the Common Areas .
  • Bonded & Insured.
  • Monthly Inspections of the Common Areas.
  • Attend specified BOD Meetings & Annual Meeting.
  • Assist in Properly Calling the Annual Meeting and/or Special Owners Meetings.
  • Distribute BOD Meeting Minutes in the agreed-upon time frame.
  • Realtor®, Lender and Title Company interface.
  • Notify the association when a change in the law may affect the association’s procedures.
  • Annual Training for Board of Directors on Condo Management Issues including insurance, legal, resale, budgeting, etc.
  • Records Management & Storage for the Association
  • Annual Filings through an attorney with appropriate state agency to keep the association in legal compliance depending on the structure. (i.e. LLC, corporation, etc.)
  • Welcome packet to new owners.
  • Assist association with arbitrating disputes and enforcing rules and by-laws.
  • We will cooperate fully in any review of your financial books.
  • A periodic update of the current real estate condo resale market.
  • CMA also offers services to unit owner for maintenance and repairs in their units. These will be charged directly to the unit owner retaining us.
  • Jan Byrne also offers consulting services are available for associations that don’t want to retain CMA but need assistance with problems/issues they are facing.