
HOA Property Management Services
Most Common HOA Services
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Accounting and Financial Services
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HOA Collections
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Rule Enforcement and sending violation notices
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Scheduling Maintenance services overseeing contractors
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Insurance and tax returns
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Drafting and or amending governing documents
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Board Meeting agendas
Lease and Contract Administration
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Provide and demonstrate personal safety leadership and culture within the organization, vendors, service providers, and contractors.
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Administer all contracts and service agreements from award until completion.
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Ensure contract requirements are met for commitments, changes, and invoices.
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Ensure contracts are in accordance with the business unit’s policies and procedures.
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Manage all contract costs; verify and track costs according to the contract.
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Receive, record, and file contract documents and correspondence related to the contract.
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Maintain and update company’s contracts database..
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Review any proposed changes.
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Perform or review analysis of changes to determine their impacts on cost, schedule, and quality.
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Perform selective audits of invoices to ensure that contractual terms are being met.
Timely and Proper Rental Collections
1. PPM communicates with our tenants about late payments
2. PPM has consequences for late
rent payments
3. PPM makes use of online rent payments
4. PPM sends our tenants rent reminders
5. PPM chooses our tenants carefully
6. PPM offers rent concessions for
on-time rent payments
Repair and Maintenance
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PPM supervisesall maintenance processes and operations.
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PPM tracks expenses and overseeing the budget for maintenance.
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PPM conducts regular inspections of the facilities to detect and resolve problems.
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PPM manages all repair and installation activities.
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PPM will assign repair schedules and evaluate repair cost estimates.
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PPM will document and prepare daily progress reports and maintenance logs.
Regular Reporting/ Complete Accountability Service
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Accountability, alongside other key underpinnings, such as integrity and transparency, has proven to be the driving force behind a good governance arrangement. Reporting is in an accountable and transparent manner and reduces the chances of corporate mischief,
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Provide oversight. The two elements of accountability ensure that responsibility is delegated and not merely forsaken. .
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Maintain and enhance legitimacy PPM actions of the company bear legitimacy in the eyes of owners. PPM can effectively use the granted independence. PM knows a company’s independence will be short-lived if its activities lack legitimacy. Companies are accountable for their financial activities to safeguard legitimacy and maintain autonomy.
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Improve performance. Although accountability is mostly concerned with financial monitoring, it is also concerned with using internal controls to enhance performance. A sound management system defines the rules and actions against which reviews are subjected.
