• Collect and deposit common charges or co-ownership charges and special assessments.

• Track late payments.

• Formal notices and legal procedures for co-owners who are late in paying their common charges.

• Regulation of supplier accounts and employees of the co-ownership.

• Establishment of bank reconciliations.

• Establishment and management of the contingency fund.

• Developing and monitoring budgets.

• Preparation of documents necessary for end-of-year accounting.

Return to Property Management