LOWE'S MANAGEMENT SERVICES, INC.​

lowesinc@gmail.com      (626) 795-9156 ​

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​Lowe’s Management Services, Inc. offers homeowners associations comprehensive and specialized services catered to their individual needs. Personal service is our top priority. Not only are we accessible 24 hours a day, 7 days a week, we also guarantee experienced, knowledgeable managers, a wide range of services and the lowest prices possible. 

• Choices to fit your individual needs. Choose one or all of our services - physical management, financial management, landscaping services and/or janitorial services.

• Emergency availability and response, 24-hours a day, 365-days per year. 

• Within 60 days of the commencement date of our contract we will provide a comprehensive internal audit of your association, including a physical inspection of the property, management and maintenance of your infrastructure, financial information and the legal health of your association. 

• Emailing or mailing monthly itemized statements to owners and depositing all receipts in a trust bank account. 

• * Providing Financial Statements, including the Balance Sheet, Statement of Cash Flows, Income and Expense Report with the budget variance of the current month and Year to Date, Cash Disbursement Register, Delinquency Report, and Bank Statements with a Bank Reconciliation Report on a monthly basis. 

• Paying all expenses in a timely manner. 

• Hiring of reliable and reasonable maintenance and repair companies. 

• * An annual pro forma budget, distributed to your members. 

• * Annual Disclosure Report, as mandated by the California Civil Code. 

• Executing the stipulations in your delinquency policy with regard to monthly dues, filing liens, assessments and vendors. 

• Attending homeowners’ association meetings. 

• Reading, understanding and enforcing the CC&R's and By-Laws of the community ​
  

 List of Services 

• Provide full internal audit for new clients 
• * Prepare annual budget 
  
• * Prepare and distribute annual disclosures to members 
  
• Prepare reserve studies 
  
• Member Billing and Accounts receivable 
  
• Pay bills (Accounts payable) 
  
• * Book-keeping and annual and monthly financial reporting (Financial Statements) 
  
• Collections, including legal notices, lien recordation, small claims court and foreclosure 
  
• * State and Federal income tax and 1099 filings 
  
• * File biennial reports with Secretary of State 
  
• * Provide access to books and records per State law and governing documents 
  
• Insurance company inquiries and audits 
  
• Maintain register of members 
  
• * Respond to escrow requests for information 
  
• Provide "welcome" information packages to new members 
  
• Monthly and as-needed facility inspections 
  
• CC&R/Rules violation letters and follow-up 
  
• Custodial Services 
  
• "Handy-worker" minor repairs 
  
• Supervise performance of routine service contractors (gardening, waste, pool, etc.) 
  
• Order/manage emergency repair services 
  
• 24-hour emergency service phone number and response 
  
• Major maintenance project management (write specs, get bids, supervise contractors) 
  
• * Prepare agenda for and send notices of meetings 
  
• Attend Board meetings 
  
• Write, publish and distribute member newsletters upon request or by agreement 
  
• Advise the Board and members on legal responsibilities 
  
• Provide educational materials periodically to Board members on request 
  
• Provide orientation to new Board members on request 
  
• * Prepare annual meeting minutes 
  
• * Prepare board meeting minutes 
  
• * Maintain a system of books and records for the Association ​
  

* As required by California law