CONDOMINIUM ASSOCIATION PROPERTY MANAGEMENT SERVICES

Los Angeles, Downtown Los Angeles, Van Nuys, North Hollywood, Woodland Hills, Canoga Park, Reseda, San Fernando Valley, Northridge, Chatsworth, North Hills, West Hills, Hollywood, Burbank, Glendale, Pasadena, West Hollywood, West Los Angeles, Beverly Hills, Santa Monica, Venice, Sylmar, San Fernando, Lake View Terrace, Simi Valley, Porter Ranch, Granada Hills, Mission Hills, Knollwood, Pacoima, Panorama City, Arleta, Sun Valley, Sunland, Tujunga, La Crescenta, Altadena, La Canada Flintridge, Warner Center, Winnetka, Valley Glen, Verdugo City, Montrose, Sierra Madre, Arcadia, Monrovia, Westlake Village, Thousand Oaks, Agoura Hills, Calabasas, Tarzana, Encino, Sherman Oaks, Valley Village, Studio City, Toluca Lake, Universal City, West Toluca Lake, Eagle Rock, San Marino, Beverly Glen, Los Feliz, Silver Lake, Atwater Village, Echo Park, Glassell Park, Cypress Park, Highland Park, Alhambra, San Marino, San Gabriel, Pacific Palisades, Brentwood, Sawtelle, Culver City, Jefferson Park, Westlake, East Los Angeles, Monterey Park, Mar Vista, Canyon Country, Santa Clarita, Westwood, Marina Del Rey, Inglewood, Valencia, Newhall, Castaic, Saugus, Moorpark

- J & N Realty, Inc. has been skillfully managing condominium (condo) association property communities in Los Angeles for nearly two decades and is highly experienced and qualified to perform all the management functions any condominium association property may ever need.

We Begin at Excellence and Then Go Beyond....

- Property, homeowner association, and condominium management have become a highly technical profession, requiring trained practitioners educated in state-specific laws. As laws continue to be added each year, requiring additional compliance of the duties and responsibilities of the Board of Directors real estate property, homeowner association project, condominium and HOA property communities are well served to hire skilled and trained professionals in real property management. 

  - All of our Los Angeles condominium managers are certified/licensed and highly educated and trained in common interest development laws and regulations and are able to help the Board of Directors with regulatory issues, compliance requirements, rules enforcement, maintenance, and any other matters a homeowner association or condominium property may face at any time during its existence.

J & N Realty, Inc.'s condo and HOA agents are knowledgeable enough to coach and guide the Board of Directors and to offer them professional advisement in practically all matter affecting the operation and management of condominium and homeowner association communities. The managers are trained and competent to perform the accounting, budgeting, taxation, and reserve planning for common interest developments, as well.

  - Our condo property management function is administrative in nature; we are engaged to implement the policies and procedures established by the Board of Directors. As a result, the Board of Directors need not get involved in the day-to-day management of the condo or HOA property associations; thus, Board members will have time and energy to concentrate on establishing policies, strategies, operational standards and procedures, fiscal policies, and operating budgets of townhouse and town home association property communities in the Los Angeles. 

- Our primary job is to help the Board of Directors meet their unique goals and objectives for the operation and management of a condominium association property.  Although the Boards' individual requirements and expectations will determine how we accomplish this task in specifics, our condominium managers has four overarching obligations to the Board of Directors under any circumstances:

1. To perform as a fiduciary -- holding assets for the condominium association and having legal authority and duty to make decisions regarding financial matters on behalf of the property
2. To preserve and, if possible, increase the value of the property
3. To collect assessments and other payments due the condominium association property
4. To provide the highest quality living environment for the owners of the units or lots

- We help developers manage and operate homeowner association and condominium projects before, during, and after the transition process of new developments, including offering developers guidance with matters related to the California Subdivided Lands Law and Subdivision Map Act in Los Angeles.  

GENERAL ADMINISTRATION

- J & N Realty, Inc.'s Condominium (condo) Managers:

 1. Administrative Assistance

- Prepare and deliver notices as required by the Board of Directors or by the governing documents and develop participative communication practices within the Association and routine communications as required to efficiently manage the homeowner association or condominium property.

- Advise the Board of Directors in the governing process and practices of the Association and develop good communications and high levels of participation by the homeowner and condominium association's residents.

- Exercise attentiveness to events occurring in the fields of taxes, law, insurance, etc. as they specifically pertain to condominium projects, and inform the Board of Directors of such developments.

- Recommend to the Board of Directors, as necessary, proposed changes to the governing documents to improve their effectiveness and the lifestyle of the condominium or homeowner association and the welfare of its residents.

  2. Meeting Attendance 

- Attend each regular meeting of the Board of Directors and the Membership and participate with the Board or Committees when and if required in the mutual need of the parties concerned and in any case where the potential welfare of the Association is involved.

  Attending meetings is a means to coordinate the intends of the parties and assure that our Condo Managers are fully aware of the condominium property association's needs and can implement the policies of the Board into the daily operations of the property.

  3. Technical Clarification & Assistance

- May receive valid technical or administrative advice from industry experts relative to the operation and maintenance of the condominium association; however, before implementation, they must receive approval of the Board of Directors and appropriate authorities.

- Have the knowledge and expertise to advise Boards regarding practically every aspect of the operation and management of a condominium property.

  4. Monthly Manager Report

- Prepare Monthly Management Reports. Copies of the Condo Management Reports will be furnished to the members of the Board not less than four business days preceding each regularly scheduled Board meeting to provide sufficient time for review of its contents.

  The Monthly Management Reports will be prepared in such form as to be easy to comprehend and will be structured to identify efforts and costs expended for the operation and management of the condominium property association, accompanied with problems and actions required for the following month(s).

  At a minimum, our Condominium Management Reports, when pertinent, contain the following:

• Accomplishments of contractors and vendors
• Summary of work performed
• Inspection of property report
• Problems areas
• Recommended additional or corrective actions
• Monthly income and expense reports and balance sheet
• Delinquency report
• Violations or alleged violation of the Association's governing documents
• Major security and safety incidents

  The Monthly Management Report is a measurement of J & N Realty, Inc.'s effectivity and efficiency in the management of the condominium or homeowner property association. The items to be included in the Report will be determined by the characteristics of the particular condominium complex.

5. Legal Issues

- Do not engage in the unlicensed practice of law. However, they are qualified to render business judgments on operating and management issues of an association. Condo managers will advise Board of Directors when the Condominium Manager believes that legal counsel should be retained and will assist the Board in retaining qualified counsel.

- Recommend that a legal review, where appropriate, by an attorney knowledgeable in property, condominium, and homeowner association law, be considered for all legal issues, including but not limited to, major contracts, rules enforcement procedures, association rules, and governing documents.

- Advise that written rules be established and published to the membership and the publication and implementation of a consistent enforcement policy based on Federal, State and local statutes, the property's CC&Rs, and the association's articles of incorporation and bylaws. Condominium Managers make all reasonable effort to assure that the adopted policies are in full compliance with these documents.

J & N Realty, Inc. -- real estate, property, planned unit development (PUD), townhouse, townhome, hoa, condo, condominium, homeowner association, common interest development (CID) management services in Los Angeles

- J & N Realty, Inc. provides property, homeowner association, townhouse, and condominium management and services in the following cities and their surrounding areas (partial list, only):

Los Angeles, Downtown Los Angeles, Van Nuys, North Hollywood, Woodland Hills, Canoga Park, Reseda, San Fernando Valley, Northridge, Chatsworth, North Hills, West Hills, Hollywood, Burbank, Glendale, Pasadena, West Hollywood, West Los Angeles, Beverly Hills, Santa Monica, Venice, Sylmar, San Fernando, Lake View Terrace, Simi Valley, Porter Ranch, Granada Hills, Mission Hills, Knollwood, Pacoima, Panorama City, Arleta, Sun Valley, Sunland, Tujunga, La Crescenta, Altadena, La Canada Flintridge, Warner Center, Winnetka, Valley Glen, Verdugo City, Montrose, Sierra Madre, Arcadia, Monrovia, Westlake Village, Thousand Oaks, Agoura Hills, Calabasas, Tarzana, Encino, Sherman Oaks, Valley Village, Studio City, Toluca Lake, Universal City, West Toluca Lake, Eagle Rock, San Marino, Beverly Glen, Los Feliz, Silver Lake, Atwater Village, Echo Park, Glassell Park, Cypress Park, Highland Park, Alhambra, San Marino, San Gabriel, Pacific Palisades, Brentwood, Sawtelle, Culver City, Jefferson Park, Westlake, East Los Angeles, Monterey Park, Mar Vista, Canyon Country, Santa Clarita, Westwood, Marina Del Rey, Inglewood, Valencia, Newhall, Castaic, Saugus, Moorpark