Association Management

Paramount Star Realty is a real property firm located in Washington, DC that specializes in residential property management and asset acquisition.

Paramount Star Realty offers full service management of condominium and cooperative associations. As your ASSOCIATION MANAGER we provides the following services:

BUILDING MAINTENANCE
*Oversee the activities of all service contractors.
*solicit compet...itive bids.
*Perform regular inspections.
*Establish a preventative maintenance program.

FISCAL MANANGEMENT
*Collect assessments
*Collect late notices
*Deposit receipts
*Pay bills from association funds.
*Maintain accounting records.
*Prepare operating and capital budgets.
*Orchestrate the annual audit and income tax preparation.
*Distribute comprehensive monthly financial reports to each board member.

ADMINISTRATIVE/CLERICAL ASSISTANCE
*Attend board meetings.
*Maintain resident contact lists.
*Mail periodic notices to residents, keeping them informed of board decisions.
*Assist the board in policy administration.
*Manage insurance policies.
*Supervise the association's personnel, including hiring, firing and payroll.
*Prepare and file forms, reports and returns required by law.

Please contact us for a quote or if you have any questions.