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Property Management

Element has earned the trust of more than 100 associations to guide them through the unique hurdles of association management. From providing valuable insights on accounting, reserve studies, and insurance, to guaranteeing adherence to meeting regulations, Element offers comprehensive support to communities. With over thirty years of experience, Element has advised a wide range of stakeholders, including boards of directors, owners, and managers with safeguarding their financial stability for the future. With a wealth of experience across diverse property types and sizes, Element equips owners with the expertise necessary to make informed decisions that enhance and uplift the value of their communities.

Weekly Property Inspections

  • Common Area – Sidewalks, walkways, and dumpster areas
  • Landscaping – Grass, weeds, bushes, trees and irrigation
  • Building Exterior – Cracks, paint, lighting, windows and roofs
  • Parking Lot – Cracks, sealing, striping, parking stops and signs
  • Mechanicals – HVAC, electric and plumbing
  • Identify potential liability issues
  • Site Visits


  • Service Contracts
  • Recruit, interview & hire service vendors
  • Establish scope of work for service vendors
  • Ensure all service vendors are licensed and insured
  • Monitor the upkeep of vendor’s licenses and insurance
  • Supervision of contractual services
  • Preventative Maintenance
  • Establish schedule of projects to maintain property value

Accounts Receivable

  • Send monthly statement
  • Collection of assessments and related income
  • Manage sales tax collection and remittance

Accounts Payable

  • Approve and process vendor payments
  • Review and approve with Annual Budget
  • Prepare documentation for approval and coding of payments

Prepare Annual Budgets

  • Operating – Assess needs, competitively bid, monitor budget
  • Capital – Project & Plan
  • Reserves – Assess & monitor

Industry Specific Accounting Software

  • State of the art, cloud based, customizable technology solution

Monthly Reporting

  • Financial Reports – Balance sheet, income statement, general ledger and bank statement
  • Variance Report – Actual compared to budget
  • Narrative – Summary of current activity for owner

Collections & Receivables

  • Monitoring
  • Late Letter
  • 3-Day Notice
  • Legal

Project Management

  • Bidding, oversight, compliance including AIA, lien release and permits
  • Capital Improvements


  • Maintain a day-to-day relationship with Owners and Board Members through Management