Titan

Standard Services as part of the Titan Team:

• Initial input of all financial information into Titan accounting system;
• Maintenance of operating vendor & utility accounts;
• Monthly revenue collection;
• Accounts receivable reporting and collections;
• Accounts payable reporting;
• Processing and payment of operating expenses;
• Balance bank statements;
• Maintain individual accounting on each unit owner
• Monthly/Quarterly Management & Financial Reports
• Financial statements with budget variance reporting;
• Prepare an annual budget for board approval
• Management of service providers and contractor;
• Coordinate Bids and Quotations from contractors such as: landscaping, snow removal, insurance, rubbish removal, major repair and improvements. These bids are requested from companies of the Board’s choice or Titan Management Services’ choice, or both.
• Verification that bids meet pre-determined requirements such as: type of equipment, insurance, and any other requirements that the Board may have set.
• Ensure work is performed by contractors according to the contract terms.
• Bi-Weekly Property inspections:
  • Individual violation pictures on file and included with resident correspondence.
  • Video record of property inspection on file for board review remotely at their convenience.
• Management of community amenities from clubhouses and pools to fitness centers, spas, and business centers;
• Attend Annual Meeting
• Resident correspondence to include violations of CC&R’s, delinquent fee notifications and response to inquiries.
• Maintain a resident directory for the association
• Maintain Association Records and Files to include:
  • Resident Correspondence
  • Processed Invoices
  • Monthly /Quarterly Financial Statements
  • Vendor Contracts
  • Association Governing Documents
  • Meeting Minutes
• Coordinate with Association Legal Counsel as necessary
• Provide a contact for unit owners to report problems, damage, etc. 24 hours a day