What is a “management company” and what do they do?


A management company is contracted by the Board of Directors to provide services such as:

  • Collection of assessments
  • Obtaining bids for contracted services
  • Supervision of contractors
  • Providing financial statements and collection reports
  • Problem solving and communications with homeowners and the Board of Directors

The management company reports directly to the Board and all decisions are made by a majority vote of the Board of Directors.

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