Services (Light)

FINANCIAL MANAGEMENT

  • Open and maintain bank accounts as directed by the Board of Directors
  • Reconciliation of operating/reserve per IDPFR & Illinois State Law for shared communities
  • Association dues collection & processing and maintain account ledger and history for each homeowner
  • Payment of all bills

REPORTS MANAGEMENT

  • Monthly Income & Expense Statement
  • Charges paid report
  • Delinquent assessment report
  • Copy of bank statement

BUILDING/OPERATIONS MANAGEMENT

  • Receive & turnover to the Board work orders by homeowners per guidelines set out by the Board of Directors
  • Vendor contract holding and filing

COMMUNITY LIASON

  • Upon request, provide individual homeowners with the status of their account and coordinate the solution for any discrepancies.
  • Respond to owners & Board external inquiries during normal business hours via telephone, email, mail in a timely manner.

HOMEOWNER TRANSITION MANAGEMENT

  • Provide a 22.1 disclosure letter
  • Provide a paid assessment letter
  • Current account ledger
  • Management information packet (Including:  Contact information for PPMI-name, phone number, address, Homeowner information sheet, Proof of Insurance, Information for parking tags/stickers)