Fiscal Management

  • Prompt handling of all homeowner inquiries
  • Assessment collection and bank deposits
  • Assistance in preparation of the annual budget
  • Disbursal of funds as directed by the Board of Directors
  • Preparation of Income/Expense statements and Balance Sheet
  • Bank reconciliation
  • Maintenance of a separate account for each homeowner
  • Processing and handling of delinquencies
  • Receipt, review and processing of invoices for payment by association
  • Coordination with accountant to finalize year-end reports and tax returns
  • Corporation filings with the state
  • Report generation
  • Direct debit
  • Maintain fiscal records
  • Handle inquiries from real estate agents, lenders, appraisers, title companies and attorneys

Administrative Management 

  • Committed support to Board of Directors
  • Assistance with legal matters
  • Assistance with incoming/outgoing correspondence
  • Attendance at Board of Director meetings and Annual meeting
  • Monitoring of local/national laws and advice on pertinent legislative issues
  • Obtain competitive bids for services as requested by Board of Directors
  • Selection of insurance providers and policies with Board approval
  • Supervision of contractors hired by the association
  • Marketing support for association activities and communications
  • Maintain records

Physical Management

  • Selection and supervision of contractors
  • Emergency site visits to ensure contractor performance
  • Frequent on-site review of community
  • Assistance in enforcement of community association covenants, conditions, and restrictions
  • Architectural Control and Covenant tracking
  • Liaise with city/state/county authorities as needed
  • Liaise with counsel, accountant, insurance company as needed
  • Full reporting to Board of Directors



Dana Properties Logo

6201 Escondido Drive - Main Office
El Paso, Texas 79912-1947

Phone: 915-581-0900
Office hours: Weekdays 9 a.m.-4:30 p.m.
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DANA Properties  
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