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Specializing in Commercial Condominium Association Management

ABOUT US

Terra Nova AMS has over 20 years of experience working in the Chapel Hill & Durham real estate industry. Working with hundreds of property owners and investors, they have the knowledge to optimize your property’s value through effective association management.

Terra Nova AMS is first and foremost dedicated to service. We are a company committed to our clients and their needs.

OUR SERVICES
Terra Nova AMS can provide a comprehensive set of services tailored to meet the specific needs of your building’s association. Potential services include:

Common Facilities Maintenance
Regularly scheduled inspections
Negotiate maintenance contracts
Arrange & schedule repairs and maintenance
Bid solicitation
Respond to service requests

Finance
Assist in preparing annual budget
Dues collection and accounting
Reserve studies
Prepare and analyze monthly financials
Assist with taxes and audits
Maintain operating & reserve funds accounts
Coordinate all association financials w/ the board
Process & pay expenses (maintenance, etc.)

Governance & Administration
Assist board with interpreting declarations, covenants and bylaws
Enforce compliance of rules and bylaws
Work with legal counsel on preparation of governance documents
Process architectural review applications
Maintain owner contact database
Communicate association issues with owners and the board

Board & Owner Meetings
Coordinate and schedule association meetings
Prepare & distribute agendas and minutes
Attend and facilitate meetings
Assist board with prioritization and decision making

Insurance
Obtain bids on insurance coverage
Assess and file claims
Annually assess requirements
Coordinate between board & insurance provider

Contact us today & schedule an appointment to discuss your association’s needs. We’re here to serve you.