Strata Body Corporate Bentleigh

strata body corporate services Bentleigh

What Is Involved With Strata Management In Bentleigh

Strata Management in Bentleigh includes numerous tasks, our Supervisors are well trained and capable in the role 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 basic business

– Handling all typical services to your home or business

– Accounts Payable & Receivable

– Preserve the most competitive strata building insurance cover

– Submission and processing of insurance claims

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

– Communication with your committee and members

– Providing monetary reports as requested in a prompt way

– OH&S Compliance

– Correspondence with Council on matters relative to your house

– Building and Fire Code Laws

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

– Ensuring that occupiers adhere to the Model Rules

– Financial obligation Collection – our firm supplies a stringent financial obligation collection service for non payment of costs

– Establish a maintenance fund for future capital works/improvements

– Offer a from hour’s emergency situation service offered to all residents of the owner’s corporation

– Affixing of the your Common 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 pertinent laws, legislation and guidelines through our our comprehensive risk management procedures.

We are certified by the Service Licensing Authority, registered number 532.

Our specialist accreditation procedure ensures a trustworthy, certified and skilled specialist panel is at call to service our clients. This approved panel provides our customers with competitive quotations and quality service. We guarantee professionals deliver to the scope, time, spending plan and quality specs of our customers.

We utilize an independent auditing and compliance company to evaluate our customer’s structures are safe and compliant to OHS and Important Service Requirements.

We are dedicated to a professional 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 Solutions Institute of Australasia (FINSIA) www.finsia.com.

strata management Bentleigh

Body Corporate Solutions Servicing Bentleigh

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

We guarantee through our contractor accreditation procedure a reliable, certified and qualified contractor panel. This panel has the ability to supply our customers with competitive quotations, quality service delivering to the time, budget plan and quality specs.

We help in preserving our client’s property by organizing repair work and maintenance, cleaning and gardening as asked for by the Owners Corporation. We validate all invoices and guarantee right payment to contractors. We understand the specialists to call for intricate matters.

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

Strata Account Management

We make sure:-.

Works are finished in accordance with our authorized control framework to guarantee strong danger 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 prompt manner and ensures responsiveness of our individually accredited providers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Bentleigh have a consistent process that Body Corporate Strata Group would help and step through, making sure we can offer extra worth to our general function of handling the Owners Corporation.

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

Gathering of information such as:.

– Draft building plans and plan of subdivision.

– Understanding of typical services (i.e. elevators, common electricity, stairwells, gardens, etc.).

– Recognition of several Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service abilities.

Stage 2. Body Corporate Strata Group Management Proposal.

Stage 3. Preparation of Indicative Budget Plan.

Based upon all details gathered from initial meetings, Body Corporate Strata Group will prepare and indicative budget plan based on exactly what the expected, yearly Owners Corporation costs will be. The indicative spending plan assists the developer and sales group when selling off the plan for potential purchasers who might inquire about the Owners Corporation fees.

Stage 4. Agreement of Visit.

Upon acceptance of our proposition and indicative budget plan, our group will require an Agreement of Consultation to be signed for the permission to act on 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 procedure impacting the Owners Corporation, such as:.
– Establish an initial conference with your sales team.
– Offer a direct details and query line to our Organisation Development Supervisor for your sales agent and prospective purchasers.
– Complete specific marketing material as part of your marketing and sales program.
– Go to presentation nights and/or conduct discussions.

Stage 6. Establishing Owners Corporation.

Prior to settlement of your unit/s, we will need particular details to set up 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 set off by the problem of your Certificate of Occupancy.

– Invoicing of Owners Corporation costs.

At this phase, we will likewise acquire your ABN number, common seal and set up the Owners Corporation checking 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 home or business either completely or pro-rata.

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with required paperwork attached.

– On-site assessment of property with Owners Corporation manager.

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Often the purchaser has never ever been included with an Owners Corporation, we see the 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 introduction, all owners get a comprehensive welcome package with truths about the services the Owners Corporation offer, model guidelines, contact information and far more.