Association Management

Association Management
Association Management 
Coldwell Banker Island Escapes now offers Association Management Services

The following is a list of services we provide:


Property Inspections
1-2 times a week depending on the requirements of the association. 

Maintenance 
Pool service, landscaping, required repairs, pest control, clean up and general upkeep will be subcontracted out. All subcontractors will meet BARM’s insurance requirements. We will obtain numerous quotes and will continually monitor the quality of work performed.

Accounting 
Collect maintenance fees, Send out monthly statements, Pay bills, Reconcile bank accounts, Assist in preparing operating budget. 

Past Due Fees 
We will work with owners to try and bring their delinquent association fees current prior to addressing the Board of Directors and in accordance to the Association Bylaws. 

Quarterly Financial Statements 
Prepare quarterly financial statements for the Board of Directors and/or any owner who requests them. 

Annual Financial Statements 
Prepare annual financial statements for the CPA for the purpose of tax returns and franchise tax reports. 

Insurance Policies 
Review insurance policies and check for more competitive rates and coverage. 

Annual Owners’ Meetings
We will hold Annual Owners’ Meetings in accordance with the terms of the Association Bylaws and will be held at the expense of the association. 

Monthly Meetings
If required, BARM will meet with the Board of Directors on a monthly basis until deemed unnecessary by the Board of Directors
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