Onyx Management Group specializes in providing professional management services to condominium associations.  Our managers are often called upon to perform or oversee a wide variety of jobs and as such, they must have a solid understanding of the principles of human resources, contracting, accounting and finance, insurance, physical plant maintenance, government relations, board management, basic construction and law.
 
Our smooth and efficient management of your properties means less worry for you and ensures that property values will be maintained. We offer expert guidance and direction for your Board of Directors, on site staff, committees, vendors, homeowners as well as developers and builders.
 
Professional association management generally offers the most expertise and the least worry for the board and unit owners as well as developers and builders.
 
It is important to remember that what sets our firm apart from the rest in our area is the experience, licensing and certifications that our managers hold which ensures that they have the knowledge, experience and integrity to provide the best possible service to our clients. Our certified managers are required to participate in continuing professional education and conform to a strict Code of Ethics.
 
In addition, our affiliation with Community Association Institute has made contacts and services available to us that would not otherwise be locally available.
 
Our Services include, but not limited to the following areas: 

Condominium document review Condominium Records Management Budgets - Assessments - Collections Risk Management & Insurance Financial Management General Administration Property Management (buildings & grounds)

Accounting Functions 

• Bill and collect Association Assessments
• Send late notices for Assessments that are past due
• File Liens for non-payment of Assessments and Fines
• Process and Pay Bills
• Maintain and reconcile bank accounts for the Association

Board Members are provided with monthly accounting statements that include the following:

• Budget Comparison Report
• Balance Sheet
• Delinquent Assessment Report
• Activity Statement
• Copies of Paid Bills
• Checking Account Reconciliation Statement
• Copies of Bank Statements +
• Help draft a yearly budget
• Assist with Reserve Studies
• Assist with Annual IRS Tax Return; Audits
• Maintain current database of property owners

Provide Escrow agent with account balances and charges relating to new ownership

Board Meetings

• Conduct with a written agenda and by parliamentry procedures
• Attend Board meetings, provide data, copies of correspondence and drive through inspection
• Answer questions pertaining to financial statements and give a manager's report
• Advise and assist board to establish consistent Policies and Procedures
• Assist Board with creating payment, collection & CC&R Enforcement Policies
• Provide Board members with copies of meeting minutes
• Enforcement of Covenants, Conditions and Restrictions

Perform regular inspections of the common areas and individual lots (applicable to HOA's)

• Send violation notices to property owners
• Provide Board with copy of inspection report and violation notices mailed to homeowners
• Assist Board in securing compliance of the violation
• Set up hearing with homeowner
• Refer Legal Counsel

Homeowner Meetings

• Print and mail residents notice of Homeowners meetings
• Attend Homeowners meetings
• Assist with the election of the Board of Directors
• Provide homeowners with annual financial reports and budgets

Miscellaneous

• Assist with maintenance, repairs and replacement of capital assets
• Provide Resale Certificates and complete lender questionnaires
• Mail Newsletters
• Assist with Insurance Renewals
• Assist with Annual State Non-Profit Corporation Report