VRC - Management Solutions Committee

Invoice backup provided (i.e. receipts, etc.)? Monitor expenses for unexplained increases? Monthly schedule of accounts payable provided? What methods are available for collecting assessments? (i.e. lockbox, manually, ACH, credit card) Capable of collecting quarterly/annual assessments? What is process for handling delinquent accounts? How are collections of overdue accounts handled? Monthly delinquency report provided? Annual budget creation for operations and reserve?

Yes, invoices converted to PDF and available to board 24 hrs/day - did not answer increases or AP schedule questions

Yes

not stated

Yes

All , also via MySeabreeze. No extra cost except for CC merchant fees

Lockbox set up

All of these and Yes

All of these and Yes

Per board / HOA collections policy. Monthly delinquency rpt provided

Per board requirements - Monthly report included - Lien & foreclosure via attorney

HOA Policy

VRC Collection Policy

Yes

Yes

Yes

Other Fees:

1 mo. mgt fee*, $0/Up Front, *waived upon completion of 1 yr & renewal for 2nd yr. Not charged unless termination within 1st year.

$0/Up Front - $1,000 OUTGOING

$0/Up Front

$1,200/Up Front

$0/Up Front

Setup charges

What are minimum monthly service fees What are optional services and corresponding fees

$3,625/mo

$2,400 / mo mgmt

$4,950/mo

$2,300/mo

See Agmt Exhibit A

See Exhibit A

See Proposal

See Proposal

See Agmt Exhibit A - pd by HOA to then be collected from HO PER VRC Collections Policy

See Exhibit A - paid by HOA then collected from owner

Attorney Fees

What are collection fees

Board determined

Board Determined Homewise Docs - no pricing given

Board Determined $200 Transfer $200 Disclosure

What are late fees

Cost for resale certificate Cost for transfers Cost for website management fees Cost for board packet preparation Costs for printing and mailing letter, flyer, and postcard Are office supplies, copies, postage, and other such materials charged on an 'as used' basis, percentage of contract amount, or per lot basis? Provide a detailed list of any and all additional charges which have not already been provided herein. Do you receive financial incentives from contractors?

See Agmt Exhibit A

??

included

No charge

No Charge

No Charge

Exhibit A

Exhibit A

See Proposal

See Proposal

Exhibit A

Exhibit A

See Proposal

See Proposal

Exhibit A

Exhibit A

See Proposal

See Proposal

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