Property Services

MANAGEMENT SERVICES WE SUPPLY

1. Hire and supervise building employees
2. We use outside payroll services for building employees
3. Arrange remedy of any and all orders or violation affecting the premises
4. With board approval, solicit bids and negotiate contracts for various services using our years of experience in getting the best prices
5. Purchase supplies on behalf of the board with a limit of $1500.00
6. Arrange for all appropriate insurance through competitive bidding
7. Arrange for experts and consultants as required to conduct special studies and or services, with prior approval of the board.
8. Prepare invoices for monthly charges, late fees, etc.
9. Prepare letters in connection with non-payments by owners
10. With the approval of the board, initiate formal legal proceedings against owners.
11. Attend to the complaints of residents. Notify the board of any complaints which the agent deems unreasonable
12. Prepare monthly management statements supported by submitting copies of all invoices and bank statements.
13. Prepare and maintain an accurate and full set of receipts and disbursements (other than books of accounts maintained by the client’s accountant)
14. Prepare an operating budget with the aid of the co-op’s accountant for the client reflecting anticipated income and expenses for the fiscal year.
15. Advise Board of Directors regarding compliance with respect to law rules, regulations, etc
16. If required, attend monthly meetings of the Board and the annual meetings of the shareholders.