Condo Assurance - Included Components

Let's get into the details and review the productivity tools and features included in the Condo Assurance platform! Use the left-hand menu to learn about any of the key components or keep reading and you'll review them all.

Owner's Forum

Your association website with full message board functionality will facilitate the sharing of information within the community. The data warehouse section of the site is the perfect central storage system to maintain all association records such as rules & regulations, financial reports, meeting minutes and more. A single location where all communications and files are easily accessible by owners and board members for years to come.

	Learn more about the features of the Owner's Forum.
	For a visual experience of the Owner's Forum please watch our demo!

Payment Processing - Checks

Condo Assurance is the first packaged solution that executes the processing of your association's check payments. We completely eliminate the need for our clients to make costly visits to the bank and handle cumbersome deposits.

	Eliminated - Trips to the bank
	Eliminated - Lost checks
	Eliminated - Recording and tracking of payments

Instead of owners mailing checks to a board member, or dropping payments in a lockbox, checks are mailed to our processing center. Our processing center is complete with check processing systems that allow us to function identically to your local bank teller.

How It Works

Our payment systems work with your association's checking or savings account with no modifications or account changes required. Condo Assurance will only deposit funds into the association's account and will have no access to withdrawal funds, view account statements, or access your bank account in any fashion.

When a check is received at our center it is immediately processed and the owner's online ledger is updated reflecting the credit. Funds are directly deposited into the association's bank account and available within 48 hours of the check being processed. For security purposes our systems store an image of the front and back of all processed checks with the physical checks being securely archived. Daily, weekly and monthly processing reports are delivered to the board to update the association's financial records or accounting system. Please view our FAQ section for further details about the check processing feature.

Payment Processing - EPayments

Owners use our online account system to quickly and securely configure E-payments, which debit payment funds directly from the owner's checking or savings account. Recurring E-payments are available allowing the owner's assessment to be automatically debited from their account each month. There are no fees of any kind charged to owners for making E-payments.

How It Works

Our payment systems work with your association's checking or savings account with no modifications or account changes required. Condo Assurance will only deposit funds into the association's account and will have no access to withdrawal funds, view account statements, or access your bank account in any fashion.

When an owner makes an E-payment their account ledger is updated in real-time to provide credit for the payment. The funds are debited from the owner's bank account and deposited into the association's account; usually within 48 hours. Daily, weekly and monthly reports are delivered to the board so that the association's financial records can be easily updated. Please view our FAQ section for further details about our E-payment service.

Continue to Ledger Management...