SECTIONAL TITLE AND HOME OWNERS ASSOCIATION (‘HOA’) PROPERTY MANAGEMENT YOU CAN TRUST

The Property Management Group understands the significant asset and emotional value of residential properties and therefore the importance of robust and trusted property management services.

That is why we’re dedicated to providing a comprehensive and tailored property management service. Property Management Group service covers the full management requirements of Sectional Title Bodies Corporate and Home Owners Associations (HOA’s), and consists of the following features:

1. Collections
Billing and distribution of owner levy statements by email, post or delivery to the property
Collection of levies and monthly charges
Follow-up of unpaid charges
Liaising with attorneys appointed to manage legal collections

2. Financial Management
Payment of and accounting for approved expenses, including salaries and wages
Preparation of the Annual Budget of Income and Expenditure
Monthly financial reporting, including performance to budget, balance sheet, levy roll, unit arrears and credit control reports, surplus report, investment account bank statement(s)
Annual audit file preparation
Completion and submission of most statutory returns
Surplus funds invested in call accounts to maximise interest earnings

3. Administration, Secretarial and Advisory Services
Preparation and circulation of notices for General Meetings
Arranging, attending and taking minutes for trustee / directors’ meetings
Preparation and mailing of correspondence
Preparation and issuing of Clearance Certificates
Sectional Title and Home Owners Association management advice
Liaison with maintenance and building contractors
Maintenance of statutory and permanent records

4. Insurance Services
Insurance cover for common property and improvements by Professional Brokers
Claims management

5. Property Internet Site and Online Access to Management Information
Direct online access to minutes, rules, plans, contact details and real time financial reports on the Marketplace Online.
Electronic reporting of levy statements and management information

6. Professional Team
A dedicated team consisting of an experienced Residential Property Portfolio Manager, assisted by an Accountant will be assigned to manage all aspects of your property management service requirements.