Strata Body Corporate Balnarring Beach
What Is Involved With Strata Management In Balnarring Beach
Strata Management in Balnarring Beach includes numerous tasks, our Supervisors 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 plan, strata insurance coverage, committee and general service
– Handling all typical services to your home or business
– Accounts Payable & Receivable
– Preserve the most competitive strata structure insurance coverage cover
– Submission and processing of insurance coverage claims
– Conduct Annual/Special General Conferences consisting of all preparatory paperwork and minutes
– Communication with your committee and members
– Providing financial reports as requested in a prompt way
– OH&S Compliance
– Correspondence with Council on matters relative to your property
– Building and Fire Code Laws
– Ensuring that Owners Corporation costs & levies are paid on time
– Making sure that occupiers abide by the Design Rules
– Debt Collection – our firm offers a stringent debt collection service for non payment of fees
– Establish an upkeep fund for future capital works/improvements
– Supply a from hour’s emergency service readily available to all occupants of the owner’s corporation
– Affixing of the your Typical Seal
– Produce Owners Corporation Certificates
– Maintaining all Owners Corporation records and offsite archiving
– Deal with Disagreement Resolutions effecting the Owners Corporation
We ensure our Owners Corporation customers are compliant with all relevant laws, legislation and regulations through our our comprehensive risk management processes.
We are certified by the Company Licensing Authority, registered number 532.
Our professional accreditation process ensures a reputable, compliant and skilled specialist panel is at call to service our customers. This approved panel offers our clients with competitive quotations and quality service. We ensure specialists provide to the scope, time, budget plan and quality specifications of our customers.
We utilize an independent auditing and compliance business to examine our client’s structures are safe and certified to OHS and Essential Service Requirements.
We are committed 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 Company Directors and The Financial Services Institute of Australasia (FINSIA) www.finsia.com.
Body Corporate Solutions Servicing Balnarring Beach
We selected maintenance and repair companies who have a demonstrated track record 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 contractor accreditation procedure a reputable, certified and proficient professional panel. This panel has the ability to provide our clients with competitive quotes, quality service providing to the time, budget plan and quality specifications.
We help in maintaining our customer’s property by setting up repair work and upkeep, cleaning and gardening as requested by the Owners Corporation. We confirm all invoices and ensure proper payment to contractors. We understand the specialists to require complex matters.
We guarantee our customer’s buildings are safe and certified by using independent auditing and compliance business.
Strata Account Management
We make sure:-.
Works are finished in accordance with our approved 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 approved authorities of our clients.
A seperate accounts payable area ensures accounts are paid in a timely manner and guarantees responsiveness of our independently certified providers.
We keep electronic records as needed by law.
Strata Management for Property Developers
All brand-new developments in Balnarring Beach have a constant process that Body Corporate Strata Group would help and step through, making sure we can offer extra value to our overall function of managing the Owners Corporation.
Stage 1. Initial Meeting/s – Understanding of Owners Corporation.
Gathering of information such as:.
– Draft structure plans and plan of subdivision.
– Understanding of typical services (i.e. elevators, typical electricity, stairwells, gardens, etc.).
– Recognition of numerous Owners Corporations.
– Developer’s expectations.
– Introduction to Body Corporate Strata Group and service abilities.
Stage 2. Body Corporate Strata Group Management Proposition.
Stage 3. Preparation of Indicative Spending Plan.
Based upon all information collected from initial conferences, Body Corporate Strata Group will prepare and indicative budget based on exactly what the expected, annual Owners Corporation charges will be. The indicative budget plan assists the developer and sales team when selling off the plan for potential purchasers who might ask about the Owners Corporation costs.
Stage 4. Contract of Visit.
Upon acceptance of our proposition and indicative budget plan, our group will require an Agreement of Visit to be signed for the authorization to act upon your behalf through all phases of the development impacting the Owners Corporation.
Stage 5. Marketing & Sales.
We will help through all elements of the sales procedure impacting the Owners Corporation, such as:.
– Establish an initial conference with your sales team.
– Provide a direct details and enquiry line to our Business Development Manager for your sales agent and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Attend presentation nights and/or conduct discussions.
Stage 6. Establishing Owners Corporation.
Prior to settlement of your unit/s, we will need specific info to establish the Owners Corporation, such as:.
– Registered Plan of Subdivision.
– Certificate of Occupancy.
– Preparation and completion of the Inaugural Yearly General Meeting, consisting of 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 phase, we will also acquire your ABN number, common seal and set up the Owners Corporation savings account.
Importantly, all pre-paid costs used up by the Developer connecting to the Owners Corporation establishment consisting of Strata Insurance coverage are reclaimed at the time of settlement of your house either in full or pro-rata.
Stage 7. Settlement.
– Conclusion of Owners Corporation Certificates with required paperwork attached.
– On-site assessment of residential or commercial property with Owners Corporation supervisor.
– Affixing of Owners Corporation Management Sign.
Stage 8. Welcome to Our Body Corporate Strata Group.
Typically the purchaser has actually never been involved with an Owners Corporation, we see the very first time they might have anything to do with our business is by receiving an invoice.
To make sure they are aware of the services the Owners Corporation are accountable and by way of intro, all owners get a comprehensive welcome kit with realities about the services the Owners Corporation offer, model guidelines, contact information and far more.