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Developer services

The creation and management of a fresh, new community is quite different than the ongoing management and maintenance of existing community associations and condominium associations. Creation of governing documents, cost centers, maintenance agreements, escrows, and developer controls of the board all need to be reviewed by a very different and keen eye.

Personalized Property Management is apt to handle these challenges facing a developing community. For a developer the process of setting everything up and managing can be a time consuming process fraught with errors and oversights. An association management company that has the experience and expertise can streamline the process allowing the developer to focus on the important task at hand, building and selling homes.

Developer Services

  • Review of the Associations Governing Documents

  • Build Out Budget Assistance

  • Development of Rules and Regulations, Resolutions, Collection Policies, Election Rules

  • Proposals for Insurance Coverages

  • Negotiate with Contractors for Trash Removal, Landscaping, Pool Management, and Other Association Services

  • Complete Lender Questionnaires

  • Prepare Welcome Packages and Homeowner Association Information

  • Monthly Financial Statements

  • Apply for Employer Identification Number

  • Open Bank Accounts

  • Obtain First Reserve Study

  • Facilitate Developer Turnover

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