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
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Perform regular inspections of the associations' common areas and facilities, to monitor their condition and maintenance needs
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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
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Assist in securing competitive bids on services and products for the association to obtain the highest quality and value
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Coordinate and monitor the activity and performance of maintenance providers
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Confirm that maintenance providers are properly insured
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Process Architectural Review Board applications
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Provide assistance in obtaining property and liability insurance for the association
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Provide assistance in reporting and filing of insurance claims on behalf of the association
Accounting
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Preparation of monthly and year end financial statements
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Preparation of supporting financial reports including detailed general ledger, cash receipts and disbursements registers
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Maintaining and updating detailed accounts receivable reports including aging reports
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Maintenance of association bank accounts
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Preparation of monthly bank reconciliations
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Preparation of annual budget under guidance of the Board
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Preparation and approval of disbursements in accordance with the terms of approved vendor contracts or as authorized by the budget or Board
Association Governance
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Preparation of monthly Management Reports for the Board summarizing significant events and actions for the period
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Association Manager will attend Board of Directors meetings, special meetings or annual meetings at request of the Board
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Advise Board of items that may be appropriate for meeting agenda
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Arrange for the recording of meeting minutes
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Prepare and mail proper notice for annual and special meetings
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Facilitate communications between the members and the Board
Covenant Enforcement
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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
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Follow up on complaints of violations or maintenance issues received from association members or the Board
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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
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We act as custodian of the official records and files of the Association including:
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Minutes of Board meetings, special meetings and annual meetings
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Annual and special meeting attendance records
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Accounting records including cash receipt and disbursement records
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Federal and State tax returns and other tax related records
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Annual corporate filings
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Insurance records
Assessments & Collections
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Maintaining assessment rolls including coordination of closing information with the title companies
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Coordination of the preparation and distribution of assessment coupon books to each association member
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Collection and deposit of assessments into a FDIC insured bank account
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Preparation and processing of past due notices, intent to lien notices and liens in accordance with the policies of the association
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Managing the collections of delinquent accounts including coordination of attorneys
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Bono & Associates has an experienced team that are dedicated to the systematic collection of delinquent accounts.
Vendor Management
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Confirm that vendors and maintenance providers are properly insured
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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
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Assist in securing competitive bids on services and products for the association to obtain the highest quality and value
Tax & Association Reporting
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Preparation of IRS Form 1099 for vendor payments
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Coordination of the preparation and filing of Federal tax returns
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Coordination of the preparation and filing of State tax returns
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Preparation and filing of Annual Report required by the Florida Department of State
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Coordination and oversight of financial audits or reviews by independent CPA if required by statue or requested by the Board