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What our Customers are saying
Why we are Different
Services we offer to
Condo & HOA Boards
Experience we have
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Services Offered to Condo & HOA Boards
We provide management services to Board directed
Community Associations. Our selective services furnish our customers, the Boards, with
comprehensive management, customized to their specific
requirements.
Ability Management’s Primary
Goals:
- Alleviate Boards of the day to day operation of the
Association.
- Provide Board members with sufficient information,
in an understandable format, from which educated decisions can be made.
- Forecast the physical and financial positions of
our Associations.
- Recommend only that which is in the best interest
of the Association.
Management:
- Walk the property regularly, to inspect recurring service and maintenance
work performed by outside contractors, and to report any observed
potential problems or preventative maintenance that is recommended.
- To arrange for or contract for minor repairs to
common area facilities.
- Consultation with outside vendors, contractors and
professionals.
- Solicit, negotiate and recommend competitive bids
for contracts.
- Supervise contracts to ensure work is being
properly performed
- Enforcement of Rules and Regulations.
Association Records:
-
Payment of Association debts
as required per terms of service rendered.
- Accounts Payable and Accounts
Receivable.
- Collect and deposit all monies in The Association's
name into authorized accounts
- Maintain all banking records including bank
reconciliations
- Delinquency follow
up for Accounts.
- Prepare and submit monthly financials by the 10th
of the following month
- Quarterly verification by CPA Information as
necessary to Board of Directors
Annual Records and
Requirements:
- Licenses and fees
- Information to CPA for filing Tax Returns,
Audits, reviews or compilations
- Necessary information to Unit Owners as per
Association Documents and State Statutes
- Attend all Board of Directors and Membership meetings
as requested.
- Coordinate annual meeting mailings and
election, per Florida statute
- Prepare annual budget and reserves for
Board approval per Florida statute Statutory Requirements
- Properly advise Board of Florida statutory
requirements
- Be abreast of all updates in statutory
requirements
Insurance
- File on insurance claims
- Solicit, negotiate and recommend
competitive bids for contracts
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