PROPERTY FINANCIAL SERVICES

Among other things, we provide property financial services, accounting,  bookkeeping, invoicing and delinquent collection and processing.  Additionally, we as assemble onsite management teams, identify cost-effective third-party vendors and contractors, form policy and procedures, as well as  provide condominium administration services.

Management

We assist condominium owners and corporations in meeting their service and financial objectives, click here for more information.  

We are experts in the assembly of onsite management teams, in the identification of inexpensive but quality third-party vendors and contractors, and in the formation of policies and procedures particular to any residential property.

Communication

We stay in constant contact with owners or their representatives and provide monthly reports and digital media files including photographs and video of property sites.

Accounting and Book Keeping

Full accounting services include a record of income, expenses, assets and liabilities will be maintained. Financial statements will be provided monthly and annually. Reports may include: income & expense statement, delinquency report, cash disbursement journal, other reports.

Electronic Payments & Disbursement

Clients can optionally use Automatic Payments or Online Payments for payments. A computerized payable system which includes computer-printed cheques will be used to pay all financial obligations of the landlord or association.

Invoice Processing

Bills are received and reviewed on a monthly basis for services, work, and supplies for operating and maintaining the property.

Delinquent Collection & Processing

A delinquency procedure will be administered by charging monthly late fees, preparing warning letters in the landlords or association’s name. Castle Inc.’s legal council, landlord council, or the association’s council will be advised to take such action as necessary following the delinquency event.

Financial Audits

The annual financial statements and financial records may be audited by  a Certified Public Accountant (“CPA”); followed by applicable revisions where necessary to the financial record.