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CMCA + AMS
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What does a condo management company do for a board?
A condo or HOA management company runs the day-to-day operations a volunteer board doesn't have time to. For your association that means budgets and dues, reserve planning, vendor coordination, maintenance, meeting support, and keeping the association compliant with M.G.L. c. 183A. You keep the decisions. We do the work and the follow-through.
What we handle for your association
- Financials — operating budget, dues billing and collection, monthly financial dashboard (not just an annual statement), reserve tracking.
- Maintenance — a 24/7 staffed line (not an answering service), plus our in-house licensed general contractor through Pro Services Boston, so repairs are controlled on quality and speed instead of subbed out and hoped for.
- Vendors — qualified, vetted vendors managed and held accountable.
- Governance — meeting prep and minutes, owner communication, rule enforcement, statutory compliance tracking.
- Transition — a done-for-you 45–60 day onboarding from your current setup or from self-management.


What does Massachusetts law require for condo reserves?
Massachusetts condo law (M.G.L. c. 183A) has your association maintain an adequate replacement reserve fund, held separate from operating money — but it sets no specific dollar amount or percentage. What counts as "adequate" depends on your building's age, its major components, and what they will cost to replace.
The hard numbers come from mortgage lenders, because they decide whether units in your building can be financed. FHA-approved condos must budget at least 10% of the annual operating budget to replacement reserves. Fannie Mae and Freddie Mac raise that floor to 15% of the annual budget, effective January 4, 2027 — unless the association has a reserve study from the last three years and funds at its highest recommended level.
Reserves pay for capital repairs and replacements — roofs, siding, decks, elevators — not routine operating costs. We build and track your reserve plan against a real study so the association stays compliant and lendable, and owners aren't blindsided by a surprise special assessment.
What does Massachusetts law require for condo reserves?
Boards pick only what they need. This is à la carte, not good/better/best tiers.
