PROFESSIONAL ACCOUNTING AND FINANCIAL SERVICES WITH ADMINISTRATIVE BENEFITS

The SAMM program has served countless small, medium and large sized homeowners association for the past ten (10) years. It is our experience that small and self-managed associations often fail to receive suitable professional association supervision, counseling and administration. Large Association frequently desire professional financial services. It is not uncommon for financial reports and documents to be prepared without utilizing "Generally Accepted Accounting Principles" with "Accrual Accounting" and procedural requirements, as set forth in California State Codes, which often go unattended. This service is designed for all associations, small, medium and large sized Homeowners Associations (Condominiums, Townhomes and Single Family Homes) at a cost you can afford. This program is intended to provide you with all the basic, essential financial and administrative services while offering and providing consulting services on specific items on a monthly or an "as needed" basis. These basic services include:

• FINANCIAL SERVICES (Basic Services):

1. Collection of association dues

2. Payment of association bills

3. Monthly or quarterly reconciled financial reports

4. Annual financial reports for tax purposes

5. Annual Budget preparation

6. Reserve Study update and analysis

• ADMINISTRATIVE SERVICES (Basic Services):

1. Assist Board of Directors in the performance of their Duties

2. Assist Board of Directors in complying with State Codes and Laws

3. Provide Annual year-end disclosures

4. Assist with Annual Elections

• PROVIDE CONSULTING ON SPECIFIC ISSUES:

1. Understanding CC&Rs, Bylaws, Rules and Regulations and State Codes

2. Preparing Minutes of Meetings

3. Preparing and enforcing Rules and Regulations

4. Solving Homeowner Problems

The benefits provided by the California Association of Homeowners Associations, Inc. (also referred to as "California Association") are numerous. Included in our program, the California Association of Homeowners Associations Inc. will review many of your association's records and documents and make suggestions or recommendations. We will review your Rules and Regulations, Budget Pro Forma, Reserve Study, Minutes of Meetings, Financial Reports (not an audit), collection policy and annual disclosure report. We will make recommendations and suggestions as appropriate and provide you with consulting on certain specific matters.