HOA Management
-
Daily Functions
- Collect Homeowners Dues
- Collect Homeowners Dues
- Send late notices
- Send notices of intent to lien documents to seriously delinquent homeowners
- File liens on delinquent units
- Coordinate Foreclosures on homeowners more than 90 days past due at the directive of the management committee
- Receive calls – answer homeowners questions and concerns
- Fill out Condominium certifications (sales info sheets) – Provide mortgage and insurance information
- Enforce Rules and Regulations
- Parking enforcement
- Write letters to regulations violators
- Fine continuing violators
- Resolve homeowners complaints
- Collect Homeowners Dues
-
Weekly Functions
- Pay bills
- Insurance
- Water/Sewer
- Trash
- Cable
- Contractors
- Etc.
- Review bills for accuracy
- Interface with vendors (Utility Companies, Insurance, Contractors, Developer)
- Keep tabs on owner occupancy
- Provide by-laws and other information to prospective buyers and homeowners
- Greet and inform new homeowners
- Organize and supervise cleaning and maintenance needs
- Inspect the properties – provide suggestions for needs and improvements (bi-weekly)
- Pay bills
-
Monthly Functions
- Prepare Financial Reports for distribution to HOA Management including:
- Owner Statements
- Expense Reports
- Income Reports
- Dues/Delinquency Rosters
- Accounting for every penny of income and expense
- Obtain bids to review with management committee for:
- Snow Removal
- Lawn Care
- Cleaning
- Sprinkler Repairs
- Maintenance
- Painting
- And other needs
- Interview Contractors
- Follow up on Contractors
- Fire Contractors
- Coordinate with Attorney on foreclosures and other legal matters
- Assist in distribution of HOA newsletters if desired – assist officers in preparation and distribution
- Monthly Meeting with HOA Management Committee
- Prepare Financial Reports for distribution to HOA Management including:
-
Yearly Functions
- Assist with HOA meetings, planning and notification
- Year-end financial statement
- Assist with Taxes and accounting
- IRS 1120H form
- Assist in budget planning for future years
- Annual insurance review
-
Available in house maintenance services
- Common area cleaning
- Clubhouse cleaning
- Exterior lighting maintenance
- Supplemental yard care
- Painting
- General maintenance
Did you know that Advantage Management provides services for many of Utah`s premier communities including Pepperwood, Saratoga Springs, Traverse Mountain, Country Woods, Indian Springs and many others? If you need help with the day-to-day functions of property management, you have found the right company. Advantage Management…you can count on us!
MANAGEMENT PROPOSAL