Coldwell Banker Island Escapes now offers Association Management Services.
The following is a list of services we provide:
1-2 times a week depending on the requirements of the association.
Pool service, landscaping, required repairs, pest control, clean up and general upkeep
will be subcontracted out. All subcontractors will meet BARM’s insurance requirements.
We will obtain numerous quotes and will continually monitor the quality of work performed.
Collect maintenance fees, Send out monthly statements, Pay bills, Reconcile bank
accounts, Assist in preparing operating budget.
Past Due Fees
We will work with owners to try and bring their delinquent association fees current prior
to addressing the Board of Directors and in accordance to the Association Bylaws.
Quarterly Financial Statements
Prepare quarterly financial statements for the Board of Directors and/or any owner who requests them.
Annual Financial Statements
Prepare annual financial statements for the CPA for the purpose of tax returns and franchise tax reports.
Review insurance policies and check for more competitive rates and coverage.
Annual Owners’ Meetings
We will hold Annual Owners’ Meetings in accordance with the terms of the Association Bylaws
and will be held at the expense of the association.
If required, BARM will meet with the Board of Directors on a monthly basis until deemed
unnecessary by the Board of Directors.
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