Our goal at CollinsNazzy Properties is to provide personalized and professional services to alleviate the burden associated with managing your rental property. We offer the following services that will reduce the challenges involved with cooperative and condominium management.

• Collection and allocation of all assessments and funds
• Work with Association to prepare yearly budget
• Work with an accountant to prepare and file year-end financial reports
• Provide the Board with monthly financial statements, which includes:
  • balance sheet
  • Revenues and check listing
• Accounts Payable
• Delinquency follow-up
• Comparison with the actual budget
• Cash disbursements
• Delinquency list and report
• Operating Statement
• Income Distribution Report
• General Ledger
• Process all payable accounts as follows:
• Payment of invoices, including verification of all receipts and amounts
• Preparation of checks and mailing to vendors
• Maintaining accounts payable files
• Reconcile and balance all monthly bank statements
• Process and deposit all maintenance and special assessment payments
• Process all late payments including late fees, liens, and foreclosures accounting to the Association policy
• Oversee all delinquencies in the appropriate manner