
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
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2. PPM has consequences for late
rent payments
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3. PPM makes use of online rent payments
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4. PPM sends our tenants rent reminders
5. PPM chooses our tenants carefully
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6. PPM offers rent concessions for
on-time rent payments
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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.
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