Tasks and Responsibilities

Unlike other commercial properties, the services we provide to an office or industrial condominium association include establishing the association and keeping the non-profit entity in good standing. A partial summary of these services typically include:

• a thorough review of proposed organizational documents (articles of incorporation, bylaws and condominium declaration) before they are adopted and recorded by the developer
• tendering service contracts with vendors to maintain the commn areas of the property
• licensed property managers physically inspect each property regularly to ensure that common areas are maintained to the highest standards
• administering the full spectrum of project accounting services from processing accounts receivable and payables to the documentation of comprehensive financial statements issued on a monthly basis
• filing annual reports to the Arizona Corporation Commission
• organizing and chairing the annual general meeting of the Asscociation as well as quarterly meetings held by the Board of Directors
• maintaining a corporate record book of the Association to properly archive minutes of meetings conducted by the Board and the annual general meeting
• coordinating an annual review, compilation or audit of financial statements coupled with the filing of tax returns