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Community Association Management

Thank you for your interest in KM Realty, Inc's community association management services. KM Realty manages all kind of Common Interest Developments. We management HOA's, Condo Assocaitons, and Office Condo Associations

We provide the most high tech and efficient service to our customers. We provide custom interactive websites, with all the tools to administer your HOA built in, as part of our service. Our websites provide you with all the information you need to make your decisions, and run your HOA smoothly and easily. KM Realty charges NO SETUP FEE and NO TERMINATION FEE.

HOA Administration Service Cost and Terms Overview.

Costs

Setup Fee

$0.00

Termination Fee

1/2 one month's fee, minimum $250.00 if contract terminated within 6 months. $0.00 termination fee after 6 months.

Cost per unit per month

Contact for a quote. Call 1-858-380-4282

Termination Notice

30 Days

Maintenance Trip Charges

$55.00 per hour, minimum 1 hour.

Escrow Transfer Documents
$150.00 per set.

Additional Meeting Time
$55.00 per hour, to the nearest 1/4th hour

Bulk Mailing
At a cost per unit per page.

Services Provided

Accounting

Preliminary budgets prepared, viewable on-line.
Monthly Statements, viewable on-line.
Preparation of billing statements
Mailing of billing statements and up to 3 additional pages per month in the
monthly statements.
Collection of accounts receivable
Assist collection agency with delinquencies
Payment of association bills
Reconciliation of Client's bank statements
Preparation of unaudited financial statements
Assist independent auditor for preparation of audit report
Assist outside tax preparer

Correspondence

Bulk mailings sent out per request, at a cost per unit per page.

Record Keeping

Maintain Homeowners Association member list,
All pertinent records(violations, notices, minutes, etc) maintained.
Electronic and hard copy.

Escrow Transfer Documentation Provided As Needed($125.00 per set)

Demand Statements
C, C & R's
Bylaws
Articles of Incorporation
Financial Information
Copies of Minutes
Copy of Budgets
Information regarding Pending Litigation
Information regarding Special Assessments
Rules and Regulations

Board Meetings(>50 Units)

Attend up to 12 meetings annually.
Allotted 2 hours per meeting.
Time overage billed at $55.00/hour in 1/4 hour increments.
Meeting minutes recorded.

Board Meetings(<50 Units)

Attend meetings as needed.
Time billed at $55.00/hour in 1/4 hour increments.
Meeting minutes recorded.

Property Inspections/Walk-through(>50 Units)
Monthly(allotted 2 hours per inspection)

Property Inspections/Walk-throughs(<50 Units)

As requested, billed at $55.00/hour in 1/4 hour increments.

Maintenance

Dedicated maintenance line.
Calls returned in 24 hours.
Interactive maintenance tracking website.
Maintenance trip charges $55.00 per hour, minimum 1 hour.

Emergencies

24/7 Phone contact

Violation letters

Tracked and filed, viewable on-line.

Bids

On jobs of size (per client's request).

Delinquencies

Processing and filing included, up to but not including filing of liens.
Liens filed at cost of processing, charged to delinquent owner.

Bank Reserves

HOA choice

Other Services

Custom website provided, hosted, and administered.
Online trouble ticket reporting system.
Online account tracking system.
Online budgeting, minutes, and statements viewable.
Additional Services and Expenses require board approval before being incurred