SUMMARY OF SERVICES GENERALLY INCLUDED IN EMI’s MONTHLY MANAGEMENT FEE
ACCOUNTING
- Fee/Assessment Collection
- Budget Preparation
- Bill Payment
- Replacement Fund Analysis
- Delinquency Follow Up
- Year-End Financial Report
- Monthly Financial Reports
- Monthly Fee Statement sent to all Owners
- Bill Approval
- Auto Debit of Monthly Fees
- Assistance in Lien Filings
- Foreclosure Proceeding Assistance
ADMINISTRATIVE
- Board Meeting Attendance
- Owner Roster Maintenance
- Meeting Minutes Transcription
- Records and File Maintenance
- Association Status Report
- Welcome Package to New Owners
- Legal Liaison
- Special Meeting Attendance
- Insurance Liaison
- Annual Meeting Coordination
- Annual Meeting Attandance
- Rules & Regulations Enforcement
- Document Amendments
- Association Website & Updates
- Review & Implementation of Standard Operating Procedures
- Work Order Recording, Processing & Distribution
- Specification/Bid Preparation and Coordination
- Copying, envelope and postage costs for Unit Owner and Board Member Communications
- Copying, envelope and postage costs for preparing and distributing the annual meeting notice and any special association meeting.
BUILDINGS & GROUND MAINTENANCE
Oversight and Reporting on contractor performance.
- Oversight of all routine maintenance work as directed by the Board of Directors.
- Site Inspections
- Insurance Claim Management
- Capital Project Oversight/Management
