Strata Body Corporate Abbotsford
What Is Involved With Strata Management In Abbotsford
Strata Management in Abbotsford involves many 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, budget, strata insurance coverage, committee and basic company
– Managing all common services to your home or business
– Accounts Payable & Receivable
– Preserve the most competitive strata building insurance cover
– Submission and processing of insurance coverage claims
– Conduct Annual/Special General Conferences including all preparatory paperwork and minutes
– Communication with your committee and members
– Offering monetary reports as asked for in a prompt way
– OH&S Compliance
– Correspondence with Council on matters relative to your house
– Building and Fire Code Laws
– Making sure that Owners Corporation charges & levies are paid on time
– Ensuring that occupiers abide by the Design Rules
– Financial obligation Collection – our firm provides a stringent financial obligation collection service for non payment of fees
– Develop an upkeep fund for future capital works/improvements
– Offer a from hour’s emergency service readily 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
– Handle Conflict Resolutions effecting the Owners Corporation
We guarantee our Owners Corporation customers are compliant with all appropriate laws, legislation and regulations through our our thorough risk management procedures.
We are certified by the Company Licensing Authority, registered number 532.
Our specialist accreditation process ensures a reliable, certified and proficient professional panel is at call to service our clients. This approved panel provides our customers with competitive quotes and quality service. We ensure specialists deliver to the scope, time, budget and quality requirements of our customers.
We use an independent auditing and compliance business to assess our customer’s buildings are safe and certified to OHS and Important Service Requirements.
We are devoted to a professional industry. Our firm 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 Services Institute of Australasia (FINSIA) www.finsia.com.
Body Corporate Providers Servicing Abbotsford
We chose repair and maintenance suppliers who have actually a shown performance history of minimizing the costs of service, providing to timeframes and the quality specification of the Owners Corporation. Making it much easier for our customers.
We ensure through our professional accreditation process a dependable, compliant and qualified specialist panel. This panel has the ability to offer our customers with competitive quotations, quality service delivering to the time, budget and quality specifications.
We assist in keeping our client’s residential or commercial property by arranging repair work and maintenance, cleaning and gardening as requested by the Owners Corporation. We verify all billings and ensure proper payment to professionals. We understand the experts to require complicated matters.
We guarantee our customer’s structures are safe and compliant by utilizing independent auditing and compliance company.
Strata Account Management
Works are finished in accordance with our authorized control structure to make sure strong threat management consisting of work orders, accounts approval procedures and accounts payments processes.
Approval of works are made within the authorized authorities of our customers.
A seperate accounts payable area ensures accounts are paid in a prompt way and makes sure responsiveness of our separately licensed providers.
We keep electronic records as required by law.
Strata Management for Property Developers
All new developments in Abbotsford have a constant process that Body Corporate Strata Group would assist and step through, ensuring we can provide additional value to our overall purpose of handling the Owners Corporation.
Stage 1. Preliminary Meeting/s – Understanding of Owners Corporation.
Gathering of info such as:.
– Draft structure plans and plan of subdivision.
– Understanding of typical services (i.e. elevators, typical electricity, 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 Proposal.
Stage 3. Preparation of Indicative Spending Plan.
Based upon all details collected from preliminary meetings, Body Corporate Strata Group will prepare and indicative budget plan based on what the anticipated, annual Owners Corporation costs will be. The indicative budget helps the developer and sales team when selling off the plan for prospective purchasers who might inquire about the Owners Corporation charges.
Stage 4. Agreement of Consultation.
Upon approval of our proposition and indicative budget plan, our group will need a Contract of Visit to be signed for the authorization to act upon your behalf through all phases of the development affecting the Owners Corporation.
Stage 5. Marketing & Sales.
We will help through all aspects of the sales process affecting the Owners Corporation, such as:.
– Set up an initial meeting with your sales team.
– Provide a direct details and enquiry line to our Service Development Supervisor for your sales representative and prospective buyers.
– 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 info 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 coverage which is set off by the concern of your Certificate of Occupancy.
– Invoicing of Owners Corporation fees.
At this stage, we will likewise get your ABN number, common seal and set up the Owners Corporation checking account.
Notably, all pre-paid expenses used up by the Developer connecting to the Owners Corporation establishment including Strata Insurance are reclaimed at the time of settlement of your property either completely or pro-rata.
Stage 7. Settlement.
– Completion of Owners Corporation Certificates with required documentation attached.
– On-site examination of residential or commercial property with Owners Corporation supervisor.
– Affixing of Owners Corporation Management Sign.
Phase 8. Welcome to Our Body Corporate Strata Group.
Often the purchaser has actually never been included with an Owners Corporation, we see the very first time they might have anything to do with our business is by getting an invoice.
To make sure they know the services the Owners Corporation are responsible and by way of intro, all owners get a comprehensive welcome package with realities about the services the Owners Corporation supply, model rules, contact information and a lot more.