Strata Body Corporate Cremorne

strata body corporate services Cremorne

What Is Involved With Strata Management In Cremorne

Strata Management in Cremorne involves 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 develop Owners Corporation, chairperson, budget plan, strata insurance coverage, committee and basic company

– Managing all common services to your house

– Accounts Payable & Receivable

– Keep the most competitive strata structure insurance cover

– Submission and processing of insurance coverage claims

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

– Interaction with your committee and members

– Supplying financial reports as requested in a prompt manner

– OH&S Compliance

– Correspondence with Council on matters relative to your home

– Building and Fire Code Laws

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

– Guaranteeing that occupiers abide by the Design Rules

– Debt Collection – our firm provides a rigid financial obligation collection service for non payment of charges

– Develop an upkeep fund for future capital works/improvements

– Supply an out of hour’s emergency service readily available 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 Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation customers are certified with all pertinent laws, legislation and regulations through our our detailed threat management processes.

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

Our contractor accreditation procedure makes sure a trusted, compliant and proficient professional panel is at call to service our customers. This approved panel provides our customers with competitive quotations and quality service. We make sure specialists provide to the scope, time, budget and quality specifications of our clients.

We utilize an independent auditing and compliance company to examine our customer’s buildings are safe and compliant to OHS and Vital Service Requirements.

We are devoted to an expert market. 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 Solutions Institute of Australasia (FINSIA) www.finsia.com.

strata management Cremorne

Body Corporate Providers Servicing Cremorne

We selected maintenance and repair companies who have a demonstrated performance history of decreasing the costs of service, providing to timeframes and the quality spec of the Owners Corporation. Making it simpler for our customers.

We make sure through our specialist accreditation procedure a reliable, certified and competent professional panel. This panel has the ability to supply our customers with competitive quotations, quality service providing to the time, budget and quality specs.

We help in preserving our client’s property by arranging repair work and maintenance, cleaning and gardening as requested by the Owners Corporation. We verify all billings and ensure appropriate payment to specialists. We understand the specialists to require intricate matters.

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

Strata Account Management

We ensure:-.

Works are finished in accordance with our approved control structure to guarantee strong risk management including 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 timely manner and ensures responsiveness of our independently licensed providers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Cremorne have a consistent process that Body Corporate Strata Group would assist and step through, making sure we can offer additional worth to our total 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 common services (i.e. elevators, common electrical energy, stairwells, gardens, etc.).

– Recognition of multiple Owners Corporations.

– Developer’s expectations.

– Introduction to Body Corporate Strata Group and service abilities.

Stage 2. Body Corporate Strata Group Management Proposal.

Stage 3. Preparation of Indicative Spending Plan.

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

Stage 4. Contract of Appointment.

Upon acceptance of our proposition and indicative spending plan, our group will require an Agreement of Appointment to be signed for the permission to act on your behalf through all stages of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will help through all elements of the sales process impacting the Owners Corporation, such as:.
– Set up an introductory meeting with your sales group.
– Offer a direct details and query line to our Business Development Manager for your sales representative and prospective buyers.
– 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 info to set up the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

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

– Payment of Owners Corporation Strata Insurance which is triggered by the issue of your Certificate of Occupancy.

– Invoicing of Owners Corporation charges.

At this stage, we will also obtain 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 consisting of Strata Insurance coverage are recovered 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 evaluation of residential or commercial property with Owners Corporation manager.

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Typically the buyer has never been included with an Owners Corporation, we see the first time they may have anything to do with our company is by receiving an invoice.

To make sure they are aware of the services the Owners Corporation are responsible and by way of introduction, all owners receive an in-depth welcome package with facts about the services the Owners Corporation offer, model rules, contact details and far more.