|
Management Services Provided by Coast
|
Full Service Management
|
Financial Services Management
|
|
Accounting Services
|
|
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- Preparation of an Annual Budget
| Yes
| Yes
|
- Preparation of a monthly Balance Sheet, Statement of Cash Receipts and
Disbursements, Check
Register, Delinquency Report and Bank Reconciliations
| Yes
| Yes
|
- Mailing of monthly invoices for assessments and delinquency notices
| Yes
| Yes
|
- Payment of all authorized bills
| Yes
| Yes
|
- Distribution of the Annual Financial Reports
| Yes
| Yes
|
- Funding of reserve accounts
| Yes
| Yes
|
- Assisting with tax returns, audits and reviews
| Yes
| Yes
|
- Preparation of payroll checks
(if required) and Federal Forms #1099
| Yes
| Yes
|
|
Meetings
|
|
|
- Preparing and mailing notices, nomination forms, ballots and agendas
| Yes
| Yes
|
- Attending meetings of the Board of Directors and the Annual Meeting
| Yes
| Annual meeting,
if requested
|
|
Records and Correspondence
|
|
|
- Maintenance of all Association records
| Yes
| Yes
|
- Recording changes of ownership
| Yes
| Yes
|
- Responding to inquiries from escrow holders, mortgage companies and real estate
agents
| Yes
| Yes
|
|
Miscellaneous
|
|
|
- Promptly responding to service requests
| Yes
| Not Included
|
- Obtaining bids, negotiating contracts and preventive maintenance
| Yes
| Referrals Only
|
- Inspections and CC&R/rule enforcement
| Yes
| Not Included
|
- Training and supervising on-site employees
| Yes
| Not Included
|
- Keeping clients abreast of ever-changing association laws
| Yes
| Not Included
|
- Making appearances for the Association in Small Claims Court in collection actions
(upon request)
| Yes
| Yes
|
- Enforcing the Association’s late charge, lien & collection policy
| Yes
| Yes
|
- Providing 24 Hour Emergency Service
| Yes
| Not Included
|
