- Collection of assessments
- A/R and A/P
- Handling closings and refinances
- Financial management of assets
- Monthly financial reports
- Coordinate annual audit
- 1099’s and certificates of insurance
After the initial review of the financial condition of your association, we will develop a plan to meet your needs and set budget goals for upcoming fiscal years.
All accounts payable and collection of assessments will be completed in a timely manner
Each managed property is kept separate from other Associations and Premier’s business accounts at all times. There is no commingling of funds!
We have password, protected software to enable homeowners to view their account ledgers and balances should the Board elect this option. The Board, via password will also be able to access the financial reports and review the financial position of the Association up to the minute.
For closings and refinances, we handle the communication and coordination between the Title Company, lender and attorneys for both parties to ensure a smooth closing. We will also produce a paid assessment letter in accordance with your declarations.
We will ensure the timely production of filing the 1099’s and maintaining current certificates of insurance for all vendors and homeowners, if applicable.