PMI Professional Management

PROFESSIONAL MANAGEMENT FOR CONDOMINIUM ASSOCIATIONS, INC.

MANAGEMENT STRATEGY: Effective Relationships & Procedures

Professional Management for Condominium Associations, Inc. offers complete services for Condominium and Homeowners Associations that help to alleviate pressure on the Board of Directors that arise from daily administrative duties. We provide day-to-day management and maintenance supervision that enhances the value of the property and enforces the declarations and regulations mandated by the Board.

Association Condominium / Homeowners

Our State Licensed Association Managers alleviate the Board of Directors daily administrative duties by performing comprehensive day-to-day activities, maintaining and enhancing the property's value, enforcing the property's Declarations and strictly adhering to the Board's Rules and Regulations.

Property Managers are assigned to each property where they perform numerous duties including weekly property inspections, provide monthly Management Reports, prepare annual budgets and supervise monthly services.

We accomplish this through a complete property management approach that includes quality maintenance to enhance property values, experienced administration to streamline operations and excellent resident services to maximize income. 

MANAGEMENT SERVICES:
Management provided by State Licensed Association Managers

Administrative

  • Weekly property inspections followed by written
    management report and recommendations
  • Attendance of Board or Committee Meetings upon
    Request
  • Enforcement and implementation of association
    documents and rules and regulations
  • Preparation of annual operating budget and
    reserves schedule
  • Specifications, proposals and bids are provided
    and reviewed
  • Negotiation of contracts and supervision of
    independent contractors
  • Emergency contact 24 hours a day, 7 days a week
  • Insurance policies are reviewed annually to retain
    the optimum coverage at the lowest price
  • Rosters
  • Files are maintained by individual units

FINANCIAL:
Computerized Accounting Systems

  • Statement of revenues and expenses, budget report and check register
  • Balance sheet, general ledger, delinquency and prepaid reports
  • Professional supervision of staff by in-house Accountant
  • Compilation of tax information for year-end billings, reviews and audits
  • Printing of assessment coupons

Accounts Payable
  • Approval and preparation of checks for Board Signature
  • Maintain vendor files and registers

Accounts Receivable
  • Posting and maintaining assessment fee
    payments and reports
  • Deposit of monthly assessments and other
    Income
  • Notification and collection of delinquent
    Accounts
  • Liaison with association attorney in
    implementing legal actions and delinquencies
  • Posting miscellaneous charges to homeowners
    accounts, (special assessments, fines, etc.)

OPTIONAL MAINTENANCE SERVICES:
  • Uniformed staff
  • Variety of building and grounds maintenance and services
    Availability of special projects upon request
  • Touch-up painting for common areas