Acorn Properties Management Group
32800 Hwy. 20 Ste. 2
Oak Harbor, WA 98277
Office: (360) 679-6149
Toll Free: (866) 523-7732
Fax: (360) 679-3223
Email: acorn@acornprop.net
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Acorn Properties Management Group is a full service Professional Management Firm
whose sole focus is serving the homeowner through the Association Board of Directors.
We have assembled a talented team of knowledgeable, experienced, professionals who
understand and are trained in Common Interest Developments.
Our job is to relieve the Board of the day-to-day operations of an Association.
We will over see all contractors. We supply monthly and yearly financials and help
direct your meetings to a productive conclusion. We work in concert with your Association
attorney, accountant and other professionals to supply your Association with the
best possible service.
Our firm, as members of the prestigious national
Community Associations Institute
will provide your Association with the best possible management.
Our service extends to several areas of Common Interest Management our goal is to
PROTECT, MAINTAIN and ENHANCE your investment. We are a licensed company with a
licensed staff. Our geographical service area includes Oak Harbor, Anacortes, Mt.
Vernon and Burlington, Washington. We can reach any of these areas within minutes.
Monthly Assessment Accounting:
- Post monthly assessments to ledger
- Receive monthly assessments payments
- Post monthly homeowner assessments to the appropriate ledger
- Deposit monthly assessments payments into operating account
- Track and mail statements to members who have haven’t paid by the 15th
Payables pay received invoices on a weekly basis:
- Receive and review vendor invoices, obtain Board authorization for out-of-ordinary
invoices
- Post vendor invoices to ledgerReceive credit card receipts from Board members and
collate to invoices
- Print Association vendor invoice checks, obtain authorized signatures
- Mail checks to vendors
- Write check from operating account to Reserve Account per budget
Water Billing (If Applies):
- Receive water bills from the local City (PUD) for members with common area irrigation
- Log individual member’s water bill information on spreadsheet
- Breakout member portion of invoice versus Association portion of billing.
- Send invoice to each affected member indicating amount due during billing period
- Receive PUD payments from members and post to ledger
- Deposit PUD payments from members in to operating account
- Send reminder letters to members who have not paid their PUD assessment within 15
days of billing
Supply to the board monthly financial Information (based on the accrual accounting):
- Compile Balance Sheet
- Compile Revenue and Expense data
- Print check register
- Compile member Balance Report
- Prepare financial charts to assist the Board with financial interpretation
- Supply ACH and other financial documents
Supply information/data for monthly Board Of Director meetings:
- Mail or e-mail notices to all members (including agenda documents and prior month
minutes)
- E-mail financial information to Treasurer 1 week prior to meeting
- Prepare Board Of Director meeting packets
- Property Manager attend quarterly Board meeting
Addition items supplied or preformed by the Acorn Properties Management Group:
- Complete resale certificates per RCW 64.34 and NWMLS Form 27 consisting of three
detailed pages including all Association financial information, CC&R’s, By-laws,
resolutions and rules and regulations etc. for the sellers signature (must be complete
for all unit sales). A completed Form 27 and associated documents consist of “hundreds”
of pages and accuracy up to the last month.
- Prepare new owner welcome packets and mail
- Compile insurance renewal information
- Compliance with “Housing for Older Persons Requirements” (if applies)
- Coordinate window washing
- Prepare preliminary budget information for Board consideration
- Reconcile Association bank accounts monthly and over see ACH banking
- Reply to member phone calls as required
- Preparation of data for the annual audit and submit to accountant
- Preparation of annual corporation license renewal
- Confer with the Board of Directors concerning the creation of resolutions, rules
and regulations, draft documents.
- Advise the Board concerning Association and Corporate RCW Codes which may apply
from time to time
Acorn Properties Management Group will be available to the Association Board via
phone or via email on ongoing bases.
We assist the association board of directors with professional guidance in conjunction
with Washington State legal requirements set forth in the Condominium Act, Non-Profit
Corporation laws, your association´s Declaration and your By-Laws.
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