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How to Succeed with Your Community Management Company

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A community association management company, or HOA management company, is contracted by the board to fulfill duties it cannot carry out. While it varies by company, association, and contract, community management companies and community association managers can typically help with the following: WHAT IS A PROFESSIONAL Community Management Company? ADMINISTRATIVE • Overall operations and administration of the association in accordance with board policies, governing documents, and applicable local, state, and federal laws and regulations • Contract negotiations and oversight • Managing contractors and vendors • Project management • Insurance administration • Assisting in member dispute resolution • Meeting attendance and agenda preparation MAINTENANCE • Building maintenance • Grounds maintenance • Inspections FINANCIAL • Preparing and executing the association budget • Managing financial reports • Collecting assessments • Reserve fund analysis • Billing

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