Board members have a fiduciary duty to the association and we take that
responsibility very seriously. Breakaway Management is committed to assisting
board members with all community matters to ensure smooth operations of the
association.
Breakaway Management specializes in providing consulting and property
management services to condominium, townhome, and homeowner associations. We
take the time to understand your association’s needs and recommend appropriate
solutions to increase value within your community. We focus on improving
communication and transparency within your community.
By embracing technology and current industry trends, Breakaway Management is
committed to reducing waste and increasing value for our clients.
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Serve as primary contact for the Board
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Setup association website
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Upload homeowner documents & meeting minutes
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Update resident and vendor information
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Create maintenance calendar
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Collect assessments
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Handle collections over 90 days
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Review and pay all invoices submitted for payment
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Provide monthly & annual financial statements
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Reconcile bank accounts monthly
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Assist in creating annual budgets
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Prepare and file corporate taxes
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Recommend savings strategies for reserve accounts
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Facilitate communication amongst residents
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Enforce rules & regulations
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Handle violations & architectural requests
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Prepare welcome packets for new residents
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Facilitate move-in/out
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Attend board meetings
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Prepare and conduct annual meetings
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Perform regular property inspections
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Manage routine maintenance
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Prepare and review bids for capital improvements
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Supervise capital improvement projects
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Negotiate vendor contracts
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Support association attorney in legal matters
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File insurance claims & trash rebates
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Provide required information to residents during sale of home
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Assist with preventive maintenance programs
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Routinely recommend cost-savings strategies
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Maximize return on your investment
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Self Property Management,
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Homeowner's Association Financial Management,
Homeowner's Association Accounting,
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Association Financial Management,
Condominium Financial Management
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