Condominium Association and Property Management Specialists, Inc.

 

3347 South Airport Road

Traverse City, Michigan 49684

 

Phone: (231) 947-5181

 

Contact Us

CAI member logo
CAI - CAI-MI

 

Call (231) 947-5181 today for more information!

 

Developer Services

Consulting Services

Condominium Association & Property Management Specialists can assist

the developer with the following:

 

Review governing documents from a “user” standpoint
Assistance with establishing a budget
Guide the developer through the transition process and coordinate the Transition meeting with owners.
Establish a record keeping system
Set up bank accounts
Insurance
Federal ID’s
Assist with year end tax statement
Provide developer’s realtor with updated owner lists, resolutions, amendments, and budgets.
Attendance at all necessary preliminary meetings to discuss and review the proposed development.

Community Management

Rule Development & Enforcement
Special Meeting Attendance
Records and File Maintenance
General Correspondence
Maintain Owner/Tenant Roster
Monthly Status Report
Board Member and Volunteer Training
New Owner Overviews
Community Newsletters
Minute Books
Book of Resolutions
Liaison Between Developer and Owners
Set up meetings with owners
Maintain Tenant/owner roaster
Board training

New owner information

Financial Management

Budget Preparation
Collecting Assessments
Financial Statements
Late Notices
Bill Payment
Accounting for Employee Payroll
Payroll Tax Return Preparation
Assist Tax Return Preparation
Reserve Studies           

Monthly Financial Statements

Facilities Management

Oversee Maintenance
Process Work Orders
Insurance
Supervise Contractors
Property Inspections
24 Hour Emergency Service
Site Visits
Requests for Proposals

Contracts

 

To assist our developers with their assessment collections, we offer the opportunity for their owners to use payment coupons, credit card payments and automatic debit. Our membership in CAI has opened up access to major banks in the US that specialize in community associations.  They offer interest bearing checking with no fees, lock box services to accommodate the payment coupons which automatically download into our system daily, free checks and low interest loans for Associations.

 

We offer both full service contracts and hourly contracts for our developers.