Condo / HOA Services
Fiske, a Springline Company, is an established leader in the Condominium and Homeowner Association industry, with over 40 years of experience. Our firm works closely with association managers and Board of Directors of condominium, homeowner and other common interest realty associations.
Fiske advisory professionals have experienced almost everything, although each project brings its own unique challenges.
As a Common Interest Realty Association (CIRA) leader, Fiske advisory professionals are well versed in assisting CIRA clients with:
- Matters relating to the developer and turnover of control of the association
- Budget consulting
- Special project consulting (reserves assessments, financing, etc.)
- Advising the board on the methods for funding reserve & deferred maintenance funds
- Assistance with the adjusting and closing of its books and records
- Financial literacy & technical training for property management companies, managers and Boards
- Assisting the association with accounting for damages caused by natural disasters, including proceeds from insurance claims
- Assessing adequacy of association’s accounting procedures & internal controls
- Assisting the association in maintaining separate accounting records for special assessment proceeds and disbursements
Developer Turnover Assistance
Florida Statute §718.301(4)(c) establishes strict requirements for the financial documentation and auditing obligations designed to ensure transparency, accuracy, and accountability, regarding the developer’s financial activities during the pre‑turnover period, which is the period of developer control.
Associations need assistance from experienced financial and accounting professionals, now more than ever.
Fiske Condo/HOA professionals are particularly well-suited in navigating the complex world of forensic methodology, expert analysis, and potential litigation pathways, available to Association Boards of Directors, homeowners, property managers, and other stakeholders, when important decisions are at hand.
Budget Consulting
When considering annual revenues, the association must consider maintenance fees charged to owners for operations and reserves, all sources of other earned association income, and non-recurring sources of revenues including special assessments, insurance proceeds, developer funding, and legal settlements.
Common expenses for associations include recurring costs for maintaining, insuring and operating shared areas and systems, including buildings, parking facilities, elevators, landscaping, utilities, professional fees, etc.
Therefore, even an association with a modest budget may require some professional assistance in any given year.