Allied Association Advisors LLC Consulting Services
Entrust your Association's management to Allied Association Advisors LLC Consulting Services and experience the professional and thorough service you deserve. With these robust solutions and attention to detail, we ensure your Association operates at its best. Choose us for our expertise and peace of mind.
Read Time:
5 min Read
Published:
July 6, 2024
Discover unparalleled value when you choose our expert services. We offer a comprehensive review of critical components at no additional cost to our clients. Here's what we deliver:
Thorough Inventory Verification: We meticulously verify and inventory addresses to ensure they are accounted for and current on assessments. By cross-referencing with Clark County Assessors, we confirm that every lot is properly documented. Our detailed findings are summarized and presented for the Board's review.
Accurate Homeowner Data: To help homeowners avoid collections, we analyze all inventoried lots to confirm that the most up-to-date homeowner information is in our database. We provide a summary of any necessary address updates and identify owners who need to be contacted.
Comprehensive Document Review: We examine the Association's key documents, including Articles of Incorporation, Bylaws, Covenants, Conditions, and Restrictions (CC&Rs), Policies, and Resolutions. We create a valuable checklist highlighting essential points for use in Architectural Applications and Compliance Inspections.
Financial Audits: Partnering with the Association’s CPA, we conduct a thorough audit of the Association’s financials to ensure everything is in order and in compliance with Nevada law.
Up-to-Date Reserve Study Review: We meticulously examine the Reserve Study to ensure it is current, compliant with Nevada law, and that all common areas are correctly identified. A thorough summary of our findings will be delivered for the Board's consideration.
Annual Budget Analysis: We will review and compare the annual budget with current financial statements to ensure alignment and optimal management of resources. We will provide a detailed summary with actionable recommendations.
Insurance Compliance Check: We review the Association's insurance policies to confirm they are current and adhere to the Association's CC&Rs. The Board of Directors will receive a comprehensive summary along with expert suggestions from the Association’s insurance agent.
Regulatory Submittal Audit: We assess the Secretary of State and Ombudsman Annual submittals to ensure they are up-to-date. A summary report with any applicable recommendations will be provided.
Annual Meeting Schedule Verification: We identify the Annual Meeting schedule to ensure it is planned in accordance with the Association's Documents and Nevada Law.
Election and Organizational Schedule Verification: We will identify and verify the Election and Organizational schedules to ensure they align with the Association's Documents and comply with Nevada Law.
Contract Review: Our thorough review of all contracts ensures they are up-to-date and that there will be no increases for the following year, aiding in accurate budget planning.
Contractor Verification: We review all contractors to confirm they are fully licensed and insured, thereby protecting the Association from potential liabilities.
Annual Equipment Inspections: If required, we will identify and document dates and contractors for essential tasks like backflow testing and quarterly play equipment inspections.
Architectural Application Compliance: We will review the status of Architectural Applications with the Board of Directors to ensure they remain compliant with the Association's Documents.
Minutes Review and Summary: We will review the meeting minutes and provide a concise summary of key findings, ensuring all decisions and actions are clear and well-documented.
Turf Conversion Status Check: We will evaluate the progress of turf conversion projects to ensure compliance with state law and maximize benefits by the 2027 deadline.
Annual Calendar Draft: An annual calendar will be drafted and presented to the Board, outlining key dates and events to streamline Association operations.
Comprehensive Contact Sheet: We will create and provide a detailed contact sheet containing all necessary Association contact information, gate codes, and essential details for quick and easy reference.
Detailed Inspection and Report: We will conduct a thorough inspection of the common areas, delivering a detailed report with comments and actionable recommendations for addressing potential liabilities and maintenance needs.
Action List Creation: We will develop a detailed Action List to ensure thorough follow-up on all items the Board directs management to address, promoting accountability and progress.
Community Map Provision: A comprehensive community map will be identified or drafted for reference during meetings, facilitating better discussions and decision-making.
Strategic Recommendations: In the first meeting, we will present additional strategic recommendations for the Board of Directors to consider, enhancing the overall governance and operation of the Association.
New Board Orientation and Training: We offer a comprehensive orientation and training session for new board members, ensuring they are well-versed in the Association's documents. During this session, we provide an in-depth review and summary of each document's purpose and content. Board members will gain a clear understanding of their fiduciary duties and the best practices for upholding the integrity of the Association. Additionally, new board members will be equipped with knowledge of what to expect in their roles moving forward, setting a strong foundation for their contributions to the community.
Experience the assurance that comes from having every aspect of your Association meticulously managed. Partner with us for compliant, and efficient operations, backed by our commitment to excellence. Your Association deserves the best, so know that your community's success is our priority.
writer:
AAAdvisors
Allied Association Advisors LLC
20+ Years Las Vegas HOA experience