Financial Management

• Complete management of all HOA financial requirements

• Online payments and account access for owners

• HOA fees billing, payment reminders

• Late fees or penalties enforcement; delinquency support

• Vendor invoice processing and payment

• Manage HOA bank accounts

• Deposit and distribution of fees to reserve and operating funds

• 24/7 board account oversight via online portal

• Connections to HOA specialist lending partners for future community needs

• Annual reserve study compliance review

Communication

• Board and owner communication within portal

• Complete access to HOA records in portal

• Processing for all HOA mail

• HOA document library

• Reminders to schedule legally required HOA activities: annual meetings, meeting minutes, reminders of reserve item timelines and more

Legal & Compliance

• Optional notices for violations and ARC

• Annual state business filing renewal

• Insurance renewal

• Unit Owner Annual Report as required by law

• Updates on legislation and compliance changes

Accounting

• Prep and filing of required tax return for under $75K in assets

• Quarterly HOA accounting reports to board

Training and resources

• Quarterly board training opportunity

• Access to the experience, guidance, and resources of MicroHOA and the industry leader Community Associations Institute

Resale and refi, new owner services

• Provide demand of funds to title/escrow service at property resale

• Complete lending certification and document fulfillment for sales and refis

• Set up new owners into the HOA portal

• Welcome packet and HOA guide to new owners

Interested in learning more about our dedicated online platform for your community? We’d be happy to show you around, virtually!