OC Real Estate Management, Inc.

(410) 524-5781

We provide twenty four hour on call responsibility for routine and emergency management of your condominium associations affairs. This is pursuant to the master deed, rules and regulations, bylaws, a written agreement, the board of directors’ instructions and applicable government ordinances

Services

I. Operations/Administration

     A. Implement daily operation of the building

         1. Janitorial, Maintenance, Pools, and special projects all arranged with qualified

               contractors.

         2.  Bid out Master Insurance Coverage, maintain policies, file insurance claims.

     B. Evaluate and recommend on the maintenance/repair needs of the property

         1. Obtain qualified contractors for the jobs, bid out work, check references, prepare

              paperwork, no conflict of interest

     C. Rules/Regulations Enforvement

          1. Implement rules and regulations set forth by the bylaws and administer the state

               required procedures.

          2. Issue violation notices to offenders.

      D. Preventative Maintenance

          1. Our Property Managers inspect your building on a weekly basis

      E. Emergencies-24 hour service, 365 days a year, at no extra charge

          1. Post emergency sign visible for us to be contacted.

          2. We take appropriate and evasive action in dealing with broken water pipes, elevators,

              Fire alarms, sprinkler systems, bad weather, police calls, etc.

     F. Meetings

          1. Assist Board in arranging meetings, prepare notices, proxies, etc.

          2. Attend meetings and implement decisions.

          3. Duplicate and mail out minutes, newsletters, etc.

 

II. Bookkeeping / Accounting

    A. Financial Statements

         1. Prepare accounting statements, such as Balance Shhet, Trail Balance, Income/Expense

             Statement, etc.

    B. Condominium / Association fees

        1. Arrangements made for direct lock box mail/deposit to your bank account.

        2. Prepare and mail out coupons with self addressed envelopes.

        3. Post deposits, administer delinquency notices, implement liens if needed.

   C. Budget

       1. Assist in preparation of Budget Draft.

       2. Set up Reserve accounts and electronic transfer of funds.

   D. Disbursements/Accounts Receivable and Payable

       1. Purchase Orders issued to vendors for supplies and contracted work.