Our Expertise

Serving thousands of residents, Bono & Associates is one of Central Florida’s fastest growing management companies.  
How did we achieve this? By earning trust one client at a time and providing exceptional professional services that are second to none.
Our services and custom-tailored programs go beyond the expected in order to build the value of your community. 
We provide services that exceed expectations to help increase the value of your community.
HOA & Condo Management
  • Perform regular inspections of the associations' common areas and facilities, to monitor their condition and maintenance needs
     

  • Assist the association in locating and contracting with the best maintenance providers available, taking full advantage of our knowledge and relationships developed through our experiences with other associations
     

  • Assist in securing competitive bids on services and products for the association to obtain the highest quality and value
     

  • Coordinate and monitor the activity and performance of maintenance providers
     

  • Confirm that maintenance providers are properly insured

  • Process Architectural Review Board applications
     

  • Provide assistance in obtaining property and liability insurance for the association
     

  • Provide assistance in reporting and filing of insurance claims on behalf of the association

Accounting
  • Preparation of monthly and year end financial statements  

  • Preparation of supporting financial reports including detailed general ledger, cash receipts and disbursements registers  

  • Maintaining and updating detailed accounts receivable reports including aging reports  

  • Maintenance of association bank accounts 

 

  • Preparation of monthly bank reconciliations 

 

  • Preparation of annual budget under guidance of the Board

  • Preparation and approval of disbursements in accordance with the terms of approved vendor contracts or as authorized by the budget or Board

Association Governance
  • Preparation of monthly Management Reports for the Board summarizing significant events and actions for the period 
     

  • Association Manager will attend Board of Directors meetings, special meetings or annual meetings at request of the Board
     

  • Advise Board of items that may be appropriate for meeting agenda
     

  • Arrange for the recording of meeting minutes
     

  • Prepare and mail proper notice for annual and special meetings
     

  • Facilitate communications between the members and the Board

Covenant Enforcement
  • Perform regular inspections of the physical appearance and condition of the member properties to assess compliance with the Covenants, Restrictions, and By-laws of the association
     

  • Follow up on complaints of violations or maintenance issues received from association members or the Board
     

  • Issue violation notices and take other appropriate action necessary to resolve a violation in accordance with the association documents and instructions of the Board

 

Association Records
  • We act as custodian of the official records and files of the Association including:
     

  • Minutes of Board meetings, special meetings and annual meetings
     

  • Annual and special meeting attendance records
     

  • Accounting records including cash receipt and disbursement records
     

  • Federal and State tax returns and other tax related records
     

  • Annual corporate filings
     

  • Insurance records

 

Assessments & Collections
  • Maintaining assessment rolls including coordination of closing information with the title companies

  • Coordination of the preparation and distribution of assessment coupon books to each association member

  • Collection and deposit of assessments into a FDIC insured bank account

  • Preparation and processing of past due notices, intent to lien notices and liens in accordance with the policies of the association

  • Managing the collections of delinquent accounts including coordination of attorneys

  • Bono & Associates has an experienced team that are dedicated to the systematic collection of delinquent accounts.

     

Vendor Management
  • Confirm that vendors and maintenance providers are properly insured
     

  • Assists the association in locating and contracting with the best vendors and maintenance providers available, taking full advantage of our knowledge and relationships developed through our experiences with other associations
     

  • Assist in securing competitive bids on services and products for the association to obtain the highest quality and value

 

Tax & Association Reporting
  • Preparation of IRS Form 1099 for vendor payments
     

  • Coordination of the preparation and filing of Federal tax returns
     

  • Coordination of the preparation and filing of State tax returns
     

  • Preparation and filing of Annual Report required by the Florida Department of State
     

  • Coordination and oversight of financial audits or reviews by independent CPA if required by statue or requested by the Board