Principal Management Group, headquartered in Dallas, is a real estate management firm. The company employs professional staff and offers property management services. It also specializes in accounting and budgeting practices. It offers services matching according to clients criteria and services various clients, such as governmental agencies, firms and national builders and developers. The company operates condominium, townhome and neighborhood associations that provide various services, such as contract bidding, negotiations and administration. Additionally, it verifies insurance and bond coverage for all contractors, conducts property inspections, and helps in the identification and notification of local properties maintenance needs. It has a collections department that keeps a record of accounts payable and receivables. The firm also keeps records of owners and mortgagees and maintains legal documents, contracts and warranties in relation to purchase of properties. It also has offices in Fort Worth and Frisco in Texas.