ASSOCIATION MANAGEMENT
The management of a property owners’ association entails an element of traditional property management and also includes several special administrative functions. ICON’s association management services include, but are not limited to the following:
- Traditional property management
- Establishing agendas, record keeping and conducting of board meetings
- Administration of the election of board members
- Billing and collection of assessments and special assessments
- Specialized accounting and financial reporting
- Maintaining and reviewing insurance policies
- Bidding and procurement of maintenance contracts
- Oversight of capital improvement projects
- CC&R enforcement
- Coordination with accountant to prepare tax return
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DEPTH OF KNOWLEDGE WHERE IT MATTERS
Our experience with owners’ associations goes well beyond carrying out the day-to-day administrative functions. We have worked with legal counsel to establish numerous owners' associations for planned unit developments and condominium projects. We know how to create cost effective and efficient associations that are neither overly burdensome nor bureaucratic. We believe that a “nuts and bolts” understanding of owners' associations, like ours, is essential to effectively administer them.