Service 1

Maintain individual accounts for all homeowners on which are posted to all debits and credits to include monthly computations of interest and/or late fees due on delinquent accounts, as per the Associations documentation; sent new homeowners welcome package; distribute and track keys distributed to owners for swimming pools/ tennis courts/ recreations areas, according to the Associations policy.

Service 2

Prepare monthly financial statement including an income/expense statement with budget comparison, a balance sheet, an itemized listing of accounts receivables, a disbursement register and account reconciliation statement, by the next Board of Directors meeting date or as requested. General Ledger available upon request. Accounting will be on a accrual basis.

Service 3

Mail past due notices to all homeowners who are delinquent in payment of their assessments according to the Associations documents and collection policy established by the Board of Directors; post interest and/or late/ administrative fees as provide in the documents and Board policy; turn accounts over to collection agency for reporting to Credit Bureau or to the Association Attorney or Board of Directors policy for legal proceedings for collections.

Service 4

Mail assessment statements to all members according to Associations documents and/or Board policy; provide estoppel information on assessment balance to closing agents on new owners and financial institutions.

Service 5

Receive, deposit, disburse and account for all Associations funds.