Services for Current
Owners & Residents
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Request for Proposal
FINANCIAL SERVICES
  • Maintenance of all Association financial records.
  • Preparation of annual financial statements in accordance with Civil Code 1365(b) and distribution to the membership copies of the statement within 120 days after close of each fiscal year.
  • Assessments & Accounts Receivable. Prepare and mail monthly assessment billings to membership. Prepare & maintain individual owner ledgers showing the status of each owner's account. Monitor each owner's payment record. Assessments deposited on behalf of Association in Association financial institution.
  • Accounts Payable. Timely pay all accounts payable as authorized by the Board of Directors.
  • Delinquent Accounts. Preparation of monthly delinquency report and the mailing of any delinquency notices.
  • Budget. Prepare an operating budget setting forth an itemized statement of the anticipated receipts and disbursements for the new fiscal year based upon the then current schedule of assessments and taking into account the general condition of the association. Distribute to members copies of the budget approved by the Board.
  • Reserve Study Analysis. Assistance with obtaining a reserve study analysis to be distributed to all owners as required.
  • Lien Enforcement. Revise as necessary a policy statement for Association's lien rights enforcement procedure in accordance with Civil Code 1365(d). Preparation of lien notices and lien filings (fees charged to delinquent association member).
  • Foreclosure Proceedings. Act as liaison to the Board in retaining legal assistance to initiate foreclosure or collect on delinquent accounts.
  • Tax Return. Assist Certified Public Accountant or Association bookeeper in preparation of tax returns, audits and financial statement reviews.
Brentwood
(925) 264-9346
Fax (925) 666-8491
Modesto
(209) 548-4578
Fax (209) 527-0386
Stockton
(209) 337-0151
Fax (209) 474-2811
Fresno
(559) 444-0934
Fax (559) 476-8379
Lodi
(209) 337-0151
Fax (209) 527-0386
Pleasanton
(925) 264-9346
Fax (209) 527-0386
Turlock
(209) 656-2745
Fax (209) 667-7907

 
 
 
 
 
 
Liberty Property Management – 1120 Scenic Drive, Modesto, CA 95350 – (209) 576-0934
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