Grace Property Services, Helping to Guide Community Associations Throughout Ohio
Grace Property Services is dedicated to the mission of providing professional service in the community association management industry. Grace Property Services specializes in community association management, both for condominiums and homeowners associations. Our staff receives continuing education about the changes that effect Ohio’s Community Associations. Several of our managers are licensed real estate agents as well. In addition to professionals that know the community association management industry Grace Property Services can also provide guidance for your owners and help maintain the value of their homes.
The staff at Grace Property Services has been successfully managing community associations for over 30 years collectively. We pride ourselves not only in being the largest community association management company in the greater Canton area, but also in providing each of our associations the leadership, resources and professional tools required to become successful, financially sound communities.
Our department works together as a team and currently manages over 70 associations. We are members of CAI (Community Association Institute). We realize that continuing our education is one of the keys to our ability to lead in this field.
What to Expect
Grace Property Services will cater our services to meet your community association’s specific needs. Our experience in the community association industry over the years has allowed Grace Property Services staff to work with any style or size of property. As a board member you can expect accurate accounting of the association’s funds, dedicated staff to solve any owner’s concerns and a commitment to help the board maintain your community as a desirable place to live.
What can management do for you?
While some Board’s can handle the day to day business of a self-managed Association, they will always run into a fundamental problem – You don’t know what you don’t know. You cannot solve a problem you didn’t know existed, and often when you do become aware of that type of problem, it’s because it’s now an emergency. Part of professional management’s job is to be aware of and anticipate those problems before they emerge.
For example, did you know that several counties in Ohio require Association’s to carry Mine Subsidence Insurance? What’s Mine Subsidence? Mine Subsidence is when homes (or whole Associations) are built over old mine locations. The ground is not always stable, and there is a risk that the buildings could collapse. Often the presence of the old mine is not known until the building falls into it. For that reason, counties with a wide spread mining history require Mine Subsidence Insurance to cover resulting costs.
During an internal audit of our Association’s insurance policies and coverage, our management staff realized some of the Association’s in required counties weren’t carrying this coverage. We contacted their agents and discovered that because insurance underwriters are large, national companies, many of them weren’t aware of this requirement. We worked with the agents and the insurance companies to ensure each property had the correct insurance, and could keep the policies and agents the Board’s had chosen.
Mine Subsidence coverage is subsidized by the state, and inexpensive for required or optional counties. Ohio required coverage counties are: Athens, Belmont, Carroll, Columbiana, Coshocton, Gallia, Guernsey, Harrison, Hocking, Holmes, Jackson, Jefferson, Lawrence, Mahoning, Meigs, Monroe, Morgan, Muskingum, Noble, Perry, Scioto, Stark, Trumbull, Tuscarawas, Vinton, and Washington. The optional counties are: Delaware, Erie, Geauga, Lake, Licking, Medina, Ottawa, Portage, Preble, Summit, and Wayne.
What else may you not know? Call Grace for a management quote.