Condo Management

Our clients have included developers, community organizations, institutional organizations, banks, Resolution Trust and the F.D.I.C. Each client requires the highest level of service, detail and reporting. It is in these areas that Essex Management Group excels.

 

The requirements of effective Condo Management in today's active communities continue to grow increasingly difficult to facilitate. Essex Management Group has assembled a professional certified team of certified Condo Management Associates whose goal is to provide your Condo Association with a level of management, expertise, leadership, and experience, that is unmatched in this industry. At a time when effective internal and external communications has become so paramount in day to day activities, Essex Management Group brings a fresh new approach to total community management that will have your residents, board members, trustees, and volunteers comfortable and assured that their community is in good hands. For over two decades, Essex Management Group has been providing complete Condo Association & Condominium community management services, programs, solutions, training and education.

  • Strategic planning
  • Annual Financial management
  • Condo Grounds, Real Property & Asset analysis
  • Preventive maintenance programs
  • Leadership planning
  • Web & Technology innovations
  • Board member & Committee training
  • Board Transitioning programs
  • New client & business development
  • Management processes & systems
  • Local Strategic & Business Alliance Integration
Our trained professionals provide the following services to Condominium Associations:

Condo Association Financial Management To ensure your Condo Association receives all the benefits of the fiduciary responsibilities guaranteed to all Essex Management Group clients in our detailed service agreements; we have annual 3rd party reviews of each client account & Condo property to insure accurate & concise financial data including:

  • Bank account reconciliation & balancing
  • Budget preparation & funds disbursement
  • Monthly collection & delinquency reporting
  • Balance sheet preparation/ income statements
  • Independent review of Association books & records (up to 5 year review and forecast)
  • Preparation of Condo Association tax returns and filings
  • Accounts receivable delinquency letters, past statement printing & mailing
  • Accounts Receivable Collection & delinquent assessments reports
  • Management of Condo Association insurance requirements
  • Billing recordation & tracking of assessments
  • Accounts payable, receivables, & association financial statement preparation (annually)
  • Total Condo Association Budget & reserves analysis
  • Proper Online Secure storage of Condo Association records

Comprehensive Full Service Condo Management Aside from our financial management services, our full service Condo Association Management packages include physical oversight of the public areas of the community & an individual professional Condo Association Manager who oversees the following:

  • Monthly reports & financial projections packaging
  • Coordination of Condo board & membership meetings
  • Supervision of personnel including recruiting, hiring, & training individual Community Administrators
  • Attracting competitive bids & managing maintenance projects to completion
  • Processing and review of Architectural requests
  • State corporation commission reports (if required)
  • Enforcement of CC&Rs, Bylaws, & ARC Guidelines
  • Condo/Association business & records documentation
  • Implementation of legal activities, coordination of outside attorney acquisition
  • Overseeing Annual meetings & Board member elections , Committee appointments
  • Online Communications of information to & from residents and community institutions
  • Total Management of Condo Association owned properties & easements
  • 24-hour emergency Condo Association representative available
  • Gate access & control systems management
  • Website development and/or maintenance
  • Condo Community programs, event planning, volunteer programs recruitment & community management training

No matter who the client or what the size, each client receives the highest level of service. As a full service property management firm, EMG provides complete maintenance, project supervision and financial management services.

Request a Condo Association Management Proposal
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Corporate Headquarters | Essex Management Group | 200 Merrimack Street | Haverhill MA 01831 | P: 978-373-3024

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