SERVICES OFFERED
Crown Property Management offers a variety of management services that can be tailored to meet the unique needs of a very
small community or a very LARGE
community. You will be able to choose from the following packages in order to meet your management needs and budgetary requirements.
- Property Management
- Accounting Management
- Accounting & Architectural Management
In addition to these services, we can also provide capital improvement management, project management, oversee insurance restoration projects, energy conservation programs and legal compliance programs.
Property Management
- Management reports
- Rules/regulations compliance & enforcement*
- Notification of & attendance at annual meetings, special meetings & board meetings
- Conduct periodic inspections of the property*
- Process architectural requests*
- Provision of common services
- Monitor contractor’s performance
- Maintenance of common property
- Internal communication
- General administration
- Assist board in seeking insurance reviews
- Investigate complaints from Association members
- Assist & guide board on policy matters
- Provide 24/7 emergency service
- Maintain Association master list of homeowners & records*
- Assist board in seeking legal representation*
- Prepare welcome letters to all new homeowners*
- Prepare resale packages for any homeowner moving from community*
Accounting Management*
- Create & explain monthly & year-end financial statements
- Bill all homeowner’s ledgers for association fees
- Process and pay association’s monthly invoices
- Prepare draft operating & capital budgets for boards
- Bank statement reconciliation on monthly basis
- Assist board in seeking auditor for tax returns and/or audit
- Maintain all financial records for Association
- Maintain Association master list of homeowners & records
- Prepare in-house delinquent reports and letters for board on accounts before being sent to attorney
- Collect all information necessary on accounts to be turned over to attorney and do so within the time frame of the Collection Procedure
- Have Collection Procedure prepared by attorney “free of charge”
- Have Collection Procedure updated & mailed to all homeowners every 3 years
- Communicate with homeowners regarding the billing procedure and balance on their account
- Attend court for delinquent accounts when necessary
* Items marked with an asterisk (*) indicate services included in the Accounting & Architectural Management.
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