Budget Preparation Services

We provide our expertise in preparing Homeowner Association Budgets. Within the budget we will address all common areas, break down the normal operating expenses and calculate the various components of maintenance for the long term function of the project. We ensure that your budget will be prepared with

your concerns in mind while maintaining Department of Real Estate standards. Once your Budget is finalized you will receive a Budget Worksheet (Form RE623) showing operating expenses and long term reserves. The DRE budget will also include (Form RE624A) which defines the common area. We will submit the required budget worksheet to the necessary parties upon completion.

The California Department of Real Estate requires the submission of a proposed Homeowners Association Budget for common interest developments before a Conditional or Final Public Report may be issued.