Administration

  • Maintenance of Condominium Association records
  • Upkeep and update of unit owner records
  • Management of vendor’s insurance policies and license requirements
  • Insurance Administration: Annual review of the condominium master policy insurance coverage to ensure compliance with the Associations By-Laws and other liability coverage; liaison between Association and Insurance Broker; claims review, processing, and tracking; obtain periodic appraisal (paid for by the Association); manage bid process; negotiate adjustments to coverage.
  • Ensure compliance with the Condominium Legal Documents and Rules and Regulation
  • Implementation of the collection process
  • Trustee election preparation and processing, trustee certificate drafting, execution, and notarization
  • Upkeep of Trustee meeting minutes file
  • Document preparation for the sale and refinance of the condominium units; drafting, execution, and notarization of 6(d) certificates, certificate of insurance requests, condominium legal documents, condominium financial records, etc
  • Daily electronic back up of association’s records
  • Open door policy during working hours for condominium owners
  • Electronic and hard copy storage of association’s records
  • Legal Administration: Liaison with Association’s counsel, oversight of Trustee change registration, registration of changes to Master Documents, litigation support
  • Insurance Claim Administration
Franklin Square Management