Silver River Properties

MAIN OFFICE

1296 Cronson Blvd #4284

Crofton, MD, 21114

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Bookkeeping and accounting including the annual budget.
Collecting assessments and delinquencies.
Working with Board approved attorney on collections.
Sending compliance letters to those who do not comply with the Declarations and rules of the Association.
Attending regular meetings (limited by proposal).
Prepare and distribute annual meeting notices, proxy requirements and an agenda for each meeting.
Negotiate and execute service contracts.
Assist in acquiring the necessary insurance for the common elements and the Association.
Assist in handling insurance claims.
Keeping up with laws and court cases which may affect homeowners.
Working with the Board to initiate a committee process within the Association.
To afford owners the opportunity for direct participation.

Send compliance letters to those who do not comply with the Declarations and rules of the Association
Attend regular meetings and perform on-site walkthroughs (limited by proposal)
Prepare and distribute annual meeting notices, proxy requirements and an agenda for each meeting
Negotiate and execute service contracts
Assist in acquiring the necessary insurance for the common elements and the Association
Assist in handling insurance claims
Prepare resale certificates and escrow questionnaire information
Communicate with homeowners on behalf of the Board of Directors
Keep up with laws and court cases which may affect homeowners
Work with the Board to initiate a committee process within the Association to afford owners the opportunity for direct participation.
Maintain association WebPages with current financial information

Maintain operating and reserve accounts with signature cards and bank reconciliations
Pay invoices in a timely manner
Provide monthly financial statements for operating and reserve accounts
Collect assessments and delinquencies.
Work with a Board-approved attorney on collections.
Handle payroll and taxes for onsite managers
Assist in the preparation of the annual budget
Work with an auditor for annual tax and audit preparation