Strata Body Corporate Bundoora

strata body corporate services Bundoora

What Is Involved With Strata Management In Bundoora

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

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

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

– Handling all common services to your home

– Accounts Payable & Receivable

– Preserve the most competitive strata structure insurance coverage cover

– Submission and processing of insurance claims

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

– Interaction 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 house

– Building and Fire Code Laws

– Making sure that Owners Corporation charges & levies are paid on time

– Making sure that occupiers abide by the Design Rules

– Debt Collection – our company offers a strict debt collection service for non payment of charges

– Develop an upkeep fund for future capital works/improvements

– Offer an out of hour’s emergency situation service readily available to all occupants of the owner’s corporation

– Affixing of the your Typical Seal

– Produce Owners Corporation Certificates

– Preserving all Owners Corporation records and offsite archiving

– Deal with Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation customers are compliant with all appropriate laws, legislation and policies through our our thorough danger management procedures.

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

Our professional accreditation procedure guarantees a reputable, certified and proficient professional panel is at call to service our clients. This authorized panel provides our clients with competitive quotes and quality service. We make sure contractors provide to the scope, time, budget plan and quality requirements of our customers.

We use an independent auditing and compliance business to assess our client’s buildings are safe and certified to OHS and Essential Service Requirements.

We are devoted 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 Solutions Institute of Australasia (FINSIA) www.finsia.com.

strata management Bundoora

Body Corporate Providers Servicing Bundoora

We chose maintenance and repair service providers who have a demonstrated track record of decreasing the costs of service, providing to timeframes and the quality specification of the Owners Corporation. Making it simpler for our clients.

We make sure through our contractor accreditation process a trustworthy, certified and qualified specialist panel. This panel has the ability to offer our customers with competitive quotations, quality service providing to the time, budget plan and quality specifications.

We help in maintaining our customer’s property by organizing repairs and maintenance, cleaning and gardening as requested by the Owners Corporation. We validate all billings and guarantee right payment to contractors. We understand the specialists to require complex matters.

We ensure our customer’s buildings are safe and certified by using independent auditing and compliance company.

Strata Account Management

We ensure:-.

Works are finished in accordance with our approved control framework to ensure strong danger management consisting of work orders, accounts approval processes and accounts payments processes.

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

A seperate accounts payable area guarantees accounts are paid in a prompt manner and makes sure responsiveness of our independently certified providers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Bundoora have a consistent process that Body Corporate Strata Group would assist and step through, making certain we can provide extra value to our overall purpose of managing the Owners Corporation.

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

Gathering of details such as:.

– Draft building plans and plan of subdivision.

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

– Identification of numerous Owners Corporations.

– Developer’s expectations.

– Introduction to Body Corporate Strata Group and service capabilities.

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 a sign budget based on what the anticipated, annual Owners Corporation costs will be. The indicative budget assists the developer and sales group when selling off the plan for prospective buyers who may ask about the Owners Corporation fees.

Stage 4. Agreement of Consultation.

Upon approval of our proposition and indicative budget, our group will need a Contract of Visit to be signed for the permission to act on your behalf through all stages of the development impacting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all elements of the sales process impacting the Owners Corporation, such as:.
– Establish an introductory conference with your sales group.
– Supply a direct information and enquiry line to our Business Development Supervisor for your sales representative and potential purchasers.
– Complete specific marketing material as part of your marketing and sales program.
– Participate in discussion nights and/or conduct discussions.

Stage 6. Setting up 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 which is triggered by the problem of your Certificate of Occupancy.

– Invoicing of Owners Corporation fees.

At this phase, we will likewise acquire your ABN number, common seal and set up the Owners Corporation checking account.

Notably, all pre-paid costs used up by the Developer relating to the Owners Corporation establishment including Strata Insurance are recovered at the time of settlement of your home or business either in full or pro-rata.

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with required paperwork attached.

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

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Often the buyer has never ever 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 know the services the Owners Corporation are responsible and by way of introduction, all owners get a comprehensive welcome package with truths about the services the Owners Corporation offer, model rules, contact details and a lot more.