Meet with Developer to review overall property plan, projected buyer profile, Developer’s conception of property operations and services to be provided.

Review site plans, building blue prints, unit types and square footages, and cost of construction.

Obtain all necessary information regarding the property to secure a cost to insure the property after completion

Research and project the operational costs of the Association after completion based on the plans and information obtained from the Developer and/or Developer representatives, and based on knowledge of comparable properties.

Develop an operating budget in accordance with the State guidelines for review with the Developer, including all costs for utilities, staff, insurance, and other contract services.

Review the operational budget structure with Association Counsel, and if available compare with draft of the Associations Documents.

Based on actual construction costs, prepare a statutory reserve schedule for full funding of reserves to meet State disclosure requirements.

Upon approval of the Developer, provide operating budget and reserve schedule to Association Counsel for review and for filing with the state.

Review Counsel’s draft of the Articles of Incorporation, Declaration of Condominium, Bylaws, and Rules/Regulations and make suggestions based upon experience with other properties to avert problems or to address issues which may have been omitted or not considered.

With a team of Building Operations staff, review the building layout with particular emphasis on function of the common and building service related areas, i.e. dumpster locations, custodial supply and staging areas.

Make recommendations based on areas to be maintained and develop initial job descriptions for onsite staff to be employed including but not limited to Managers, Assistant Managers, Maintenance Supervisors, Maintenance and Custodial personnel, Concierge staff, gate personnel, and valet services.

Develop and secure proposals for outside contracted services such as landscaping, equipment, and elevator maintenance.

Assist with utilities set up including phone lines, cable or satellite television, and all monitoring services.

Oversee the ordering of all maintenance and custodial supplies to prepare the building for services to be provided by onsite staff.

Develop a welcome packet with information for owners to familiarize them with the management company, operation of the building and services, and move-in scheduling and procedures.

Meet with outside consultants as required by the Developer such as traffic engineers, phone service providers, cable/satellite providers, etc.

Sixty days prior to the Certificate of Occupancy, enter into a management agreement with the Association and set up the financial accounting for the Association and begin securing insurance policies.