What purpose does a homeowners association management company serve?
The management company is hired by the Board of Directors to oversee, coordinate, and enforce the conditions, covenants and restrictions for the homeowners association. The management company performs such duties as maintenance of the budget, tax preparation, maintain liability insurance, plan and schedule annual and special meetings, common area maintenance, architectural approval, collect assessments, prepare budgets, enforce covenants, and send notices of covenant infractions.
