Hillcrest provides HOA developer services in Chicago. We help developers establish successful, well-maintained communities with clear financial planning and legal compliance.
HOA Developer Services
Types of Communities we Manage
Why Get HOA Developer Services?
Developers are crucial in shaping new communities, but managing a homeowners association requires expertise. Most communities start under developer control before transitioning to homeowners, making professional homeowners association developer services essential.
From the start, a well-managed HOA helps avoid legal issues, financial mismanagement, and operational challenges. Developers need assistance in drafting governing documents, setting up financial structures, enforcing community rules, and ensuring a smooth turnover to homeowners.
Professional management ensures the community remains organized, legally compliant, and attractive to future buyers.
Governing Documents
We assist in drafting and reviewing essential documents such as Covenants, Conditions, and Restrictions (CC&Rs), bylaws, and architectural guidelines. Our team ensures these documents comply with legal requirements while supporting the community’s goals.
Accounting and Financial Management
We help developers create budgets, manage reserves, oversee dues collection, and provide transparent financial reporting. Our team also assists with tax planning and compliance with regulations.
Maintenance Planning
We develop maintenance plans, coordinate vendor selection, and establish schedules for ongoing upkeep. This ensures that shared spaces remain in excellent condition.
Rule Enforcement
Clear and consistently enforced rules foster a cohesive community. We help developers craft fair policies and enforcement procedures that facilitate order and preserve property values.
Developer Turnover
Transitioning control from the developer to homeowners is a complex process. We support this shift by preparing board members, educating residents, and ensuring a smooth handover of responsibilities.
Assisting Developers in Management
Hillcrest offers expert support for developers, ensuring strong community foundations. With our experience and expertise, we can help establish long-term success for your association.
Call us today at 630-627-3303 or contact us online to request a management proposal!