Management Services

This document will summarize the highlights of our professional property management
services.

* Receive monthly association fees and deposit them into the Association's private
checking account, separate from any other account.
* Pay all disbursements supported with proper documentation where such
disbursements are consistent with the budget and/or contractual obligations, except
in the case of emergency provided that such emergency disbursement is immediately
brought to the attention of the Board of Trustees.
* Set up the Condominium Association with a savings trust account, which we would
make deposits to at the direction of the Board of Trustees. This account would not be
available to Agent for withdraws. The Board of Trustees may only do disbursements
from this account.
* Prepare monthly bank reconciliation.
* Maintain records of each unit's assessments and payments. Issue payment coupons to
unit owners as necessary. Initiate internal collection procedures for non-pays and,
where necessary, cooperate with an attorney of the ASSOCIATION'S preference.
* Prepare accurate and on time financial reports.
* Prepare monthly-computerized financial reports (balance sheet, operating
statement, delinquent account report, general ledger, cash flow statement, etc.) and
provide copies of it for each board member; and provide year-end financial statements
for each board member and for distribution to each owner at the annual meeting.
* Provide information and assist accountant in the completion of the annual audit and
preparation of any required tax returns.
* Prepare annual computerized budget with cost analysis and distribute to owners
upon approval of the board members at the annual meeting.
* Prepare and issue notices for all unit owners', trustee, or committee meetings.
* Meet with the Board of Trustees at their meetings and provide documentation
requested.
* Meet with association owners at the board meetings to discuss maintenance and
association matters and distribute financial reports.
* Make regular inspections of the premises, noting and correcting minor deficiencies.
All major conditions will be reported to the Board of Trustees.
* Negotiate, arrange and supervise all Association maintenance, repair and service
contracts.
* Receive maintenance requests from unit owners and document.
* Record property maintenance records by unit.
* Respond to all ordinary maintenance requests, within 72 hours after receiving the
request.
* Respond to emergency maintenance requests as soon as possible after receiving the
request.
* Provide 24 hour, 365 days per year emergency service for association related
emergencies.
* Maintain the records of the ASSOCIATION, to include, but not limited to, minutes of
all meetings, financial reports and original contracts entered into between the
ASSOCIATION and third parties, and substantive communications with the
ASSOCIATION. Such records shall be returned to the ASSOCIATION at the end of
employment and shall be available to the Board upon request and shall be available for
inspection by unit owners in accordance with the Declaration and By-Laws.
* Receive and consider complaints from members regarding the enforcement of the
ASSOCIATION rules and regulations. Send notices of violations and follow-up notices if
required.
* Association owners may utilize Maintenance Plus Property Service's maintenance
staff at a discounted rate for member's personal needs within the condominium
community.
* Provide the association members with a client discount rate for the marketing or
managing of individual member units.
* Provide unit owners or their agents who require information about the condominium,
including but not limited to, the completion of mortgage lender's condominium data
forms, copy of the ASSOCIATION'S Declaration, By-Laws, Rules and regulations, Owner
Directory or other documents pertaining to the ASSOCIATION.