/Condo Management
Condo Management 2017-02-06T16:06:42+00:00

Condo Management

PS Property Management Company started in the Austin condo management business from the first day we started.  We understand the special needs of each individual condo community whether it is a small business condo community or a large high-rise, PS Property Management has the resources and knowledge to tackle any community challenge.  Below is a summary of the many services we provide for all of our Condo Communities.

  • Supervise all aspects of the common area
  • Perform monthly property inspections
  • Supervise on-site personnel, if required
  • Coordinate all maintenance and repair visit
  • Prepare multiple bid specifications

 

  • Enforce CC&Rs, Rules & Regulations and Architectural Design Guidelines
  • Process architectural requests
  • Maintain architectural and violations tracking syste
  • Monitor the performance of vendors and contractors
  • Obtain all Termite and proof of additional condo insurance as necessary
  • Collect homeowner assessments and miscellaneous income
  • Process and pay vendor invoices weekly
  • Prepare monthly financial statements and reports
  • Coordinate the preparation of association reserve studies
  • Coordinate tax returns and audits
  • Prepare state corporation commission filings
  • Assess late charges and fines based on association policy
  • Coordinate the implementation of any special assessments
  • Collect delinquent homeowner assessments (notices, lien filings, judgments)
  • Establish and maintain association bank accounts
  • Coordinate budget analysis and preparation
  • Full evaluation of current insurance package
  • Make necessary updates per law and community property changes
  • Process all claims and oversee replacement process
  • Coordinate meetings and agendas
  • Coordinate document amendment activities
  • Provide voting explanations and assistance, as needed
  • Attend Association Board of Directors meetings
  • Attend Membership Annual meeting
  • Coordinate preparation of community newsletters
  • Prepare and distribute meeting notices
  • Maintain a record of all homeowner address changes
  • Maintain association corporate records
  • Communicate with homeowners, vendors and others, as needed
  • Coordinate requests for architectural changes
  • Keep Board abreast of current and pending HOA legislation
  • Full energy audit preformed for every community
  • Work with municipal districts or third party utility companies
  • Provide green energy solutions for our communities to run at peak efficiently
  • Staff members on call after hours and weekends for emergencies
  • We maintain 24-hour access arrangements with vendors and contractors
  • Closing instructions
  • Homeowner account status
  • Communicate with title company and homeowners
  • Provide all necessary information for Condo questionnaires
  • Distribute Condo community rules and regulations
  • Process pass due assessments received from close of escrow
  • Meeting minutes and resolutions
  • Recorded lot deeds and related documents
  • Violation letters, delinquency notices and homeowner correspondence
  • Association Board of Directors correspondence
  • Meeting notices and announcements
  • Committee member correspondence

 

We would love to make your community a better place to call home. Request a proposal today and begin to experience our “Personal Service, Positive Results”