Homeowners Associations Services

Providing Custom Plan to Meet Your Association’s Needs and Requirements

Financial Management

  • Collection and deposit of monthly dues
  • Work with existing HOA accounts
  • Annual payment voucher to homeowners
  • Bill review and payment
  • Monthly financial statement to the BOD
    • Cash flow
    • Balance sheet
    • Itemized revenue & expenses
    • Bank reconciliation
    • Delinquency reports
    • More statements available upon request
  • Provide professional year-end statements to BOD
  • Issue required 1099’s
  • Periodic audit of the books as required by law
    • Expenses incurred by the HOA

Maintenance Management

  • Receive and facilitate work orders and requests
  • Vendor management
    • Obtain bids & contracts reviews
    • Performance reviews
  • Annual maintenance schedule and checklist
  • Oversee all contracted services as directed by BOD
  • Monthly maintenance report to BOD
  • 24/7 Emergency call line

Association Management

  • Quarterly communications with homeowners
  • Provide BOD with updates on any new Colorado Real Estate Commission requirements.
    • Not providing legal advice, however.
  • File annual report with Colorado Secretary of State.
  • Create and provide meeting agendas
  • Assist BOD with rule enforcement
  • Attendance of association meetings
  • Annual meeting with BOD
    • Budget planning
    • Reserve analysis review
    • Strategic and action planning
    • Annual update of CID code and regulations
  • Annual Homeowners  Meeting
    • Arrange for the annual meeting
    • Provide timely notice to homeowners per association bylaws
    • Help BOD present general condition of the association
    • Present financial status of the association
    • Prepare, present and seek approval of the annual budget

Security Measures

Metro REIG Complies with the guidelines and the numerous security restrictions placed by law on the users of credit report products:

  • Business is conducted at a secure, commercially based location
  • All Business files are securely locked
  • Access to the business computer system is only granted to authorized agents
  • Site inspected by approved, 3rd party inspector as required by the credit agencies
  • Property Management Agreement detailing responsibilities and obligations of all parties

Memberships

  • National Association of Residential Property Managers – NARPM
  • Denver Metro Commercial Association of REALTORS® – DMCAR
  • National Association of REALTORS® – NAR
  • Colorado Association of REALTORS® – CAR

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