Body Corporate Somers

body corporate services Somers

What Is Involved With Strata Management In Somers

Strata Management in Somers involves lots of tasks, our Managers are well trained and capable in the function requested of them.

Here is a snapshot on what the Managers of your Owners Corporation do:

– Inaugural AGM establish Owners Corporation, chairperson, spending plan, strata insurance coverage, committee and general business

– Managing all typical services to your home or business

– Accounts Payable & Receivable

– Keep the most competitive strata building insurance cover

– Submission and processing of insurance coverage claims

– Conduct Annual/Special General Conferences including all preparatory documents and minutes

– Interaction with your committee and members

– Providing monetary reports as asked for in a prompt way

– OH&S Compliance

– Correspondence with Council on matters relative to your home

– Building and Fire Code Laws

– Ensuring that Owners Corporation charges & levies are paid on time

– Making sure that occupiers comply with the Design Rules

– Financial obligation Collection – our firm offers a stringent financial obligation collection service for non payment of fees

– Establish a maintenance fund for future capital works/improvements

– Supply a from hour’s emergency situation service available to all occupants of the owner’s corporation

– Affixing of the your Common Seal

– Produce Owners Corporation Certificates

– Keeping all Owners Corporation records and offsite archiving

– Deal with Disagreement Resolutions effecting the Owners Corporation

We ensure our Owners Corporation clients are certified with all appropriate laws, legislation and regulations through our our extensive danger management processes.

We are licensed by the Company Licensing Authority, registered number 532.

Our specialist accreditation process ensures a reputable, certified and proficient professional panel is at call to service our clients. This approved panel supplies our customers with competitive quotes and quality service. We ensure professionals deliver to the scope, time, spending plan and quality specs of our clients.

We utilize an independent auditing and compliance business to assess our customer’s buildings are safe and certified to OHS and Important Service Requirements.

We are dedicated to an expert market. Our company and its members are members of Strata Community Australia www.stratacommunity.org.au, The Institute of Chartered Accountants, the Australian Institute of Business Directors and The Financial Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Somers

Body Corporate Providers Servicing Somers

We chose maintenance and repair providers who have a shown performance history of decreasing the costs of service, delivering to timeframes and the quality specification of the Owners Corporation. Making it simpler for our customers.

We ensure through our specialist accreditation procedure a reliable, certified and qualified specialist panel. This panel has the ability to provide our customers with competitive quotes, quality service providing to the time, budget plan and quality specs.

We assist in preserving our client’s home by organizing repair work and upkeep, cleaning and gardening as requested by the Owners Corporation. We verify all invoices and guarantee correct payment to specialists. We understand the specialists to require intricate matters.

We guarantee our client’s structures are safe and certified by utilizing independent auditing and compliance business.

Strata Account Management

We guarantee:-.

Works are finished in accordance with our authorized control structure to ensure strong threat management including work orders, accounts approval processes and accounts payments procedures.

Approval of works are made within the approved authorities of our clients.

A seperate accounts payable area makes sure accounts are paid in a timely manner and makes sure responsiveness of our separately licensed suppliers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Somers have a constant procedure that Body Corporate Strata Group would help and step through, making sure we can provide extra worth to our overall function of managing the Owners Corporation.

Stage 1. Preliminary Meeting/s – Understanding of Owners Corporation.

Gathering of information such as:.

– Draft structure plans and plan of subdivision.

– Understanding of common services (i.e. elevators, typical electrical power, stairwells, gardens, and so on).

– Identification of numerous Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service capabilities.

Stage 2. Body Corporate Strata Group Management Proposition.

Stage 3. Preparation of Indicative Spending Plan.

Based on all details collected from preliminary conferences, Body Corporate Strata Group will prepare and indicative budget based on exactly what the anticipated, yearly Owners Corporation charges will be. The indicative budget assists the developer and sales group when selling off the plan for prospective purchasers who may inquire about the Owners Corporation fees.

Stage 4. Agreement of Consultation.

Upon approval of our proposal and indicative spending plan, our group will need a Contract of Consultation to be signed for the permission to act on your behalf through all phases of the development impacting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all aspects of the sales procedure impacting the Owners Corporation, such as:.
– Establish an initial meeting with your sales team.
– Provide a direct information and query line to our Organisation Development Manager for your sales representative and potential purchasers.
– Complete specific marketing material as part of your marketing and sales program.
– Go to discussion nights and/or conduct presentations.

Stage 6. Establishing Owners Corporation.

Prior to settlement of your unit/s, we will require particular details to establish the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and completion of the Inaugural Yearly General Meeting, including finalisation of minutes.

– Payment of Owners Corporation Strata Insurance which is activated by the concern of your Certificate of Occupancy.

– Invoicing of Owners Corporation costs.

At this phase, we will also acquire your ABN number, common seal and established the Owners Corporation bank account.

Importantly, all pre-paid costs expended by the Developer associating with the Owners Corporation facility consisting of Strata Insurance are reclaimed at the time of settlement of your property either completely or pro-rata.

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with needed documentation attached.

– On-site examination of residential or commercial property with Owners Corporation manager.

– Affixing of Owners Corporation Management Sign.

Stage 8. Welcome to Our Body Corporate Strata Group.

Frequently the purchaser has actually never ever been included with an Owners Corporation, we see the first time they might have anything to do with our company is by getting an invoice.

To make sure they understand the services the Owners Corporation are responsible and by way of introduction, all owners get a detailed welcome kit with realities about the services the Owners Corporation offer, model guidelines, contact information and much more.