Strata Body Corporate Fitzroy

strata body corporate services Fitzroy

What Is Involved With Strata Management In Fitzroy

Strata Management in Fitzroy involves lots of tasks, our Managers are well trained and capable in the role requested of them.

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

– Inaugural AGM develop Owners Corporation, chairperson, spending plan, strata insurance, committee and basic service

– Handling all common services to your home or business

– Accounts Payable & Receivable

– Preserve the most competitive strata building insurance coverage cover

– Submission and processing of insurance coverage claims

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

– Communication with your committee and members

– Supplying financial reports as asked for in a timely 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

– Ensuring that occupiers abide by the Model Rules

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

– Develop a maintenance fund for future capital works/improvements

– Supply a from hour’s emergency situation 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 ensure our Owners Corporation customers are compliant with all relevant laws, legislation and regulations through our our comprehensive risk management procedures.

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

Our contractor accreditation process makes sure a dependable, compliant and competent professional panel is at call to service our customers. This authorized panel offers our clients with competitive quotes and quality service. We make sure specialists deliver to the scope, time, spending plan and quality specs of our clients.

We utilize an independent auditing and compliance business to evaluate our client’s structures are safe and certified to OHS and Vital Service Requirements.

We are devoted to a professional 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 Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Fitzroy

Body Corporate Providers Servicing Fitzroy

We selected repair and maintenance providers who have actually a demonstrated performance history of lowering the costs of service, delivering to timeframes and the quality specification of the Owners Corporation. Making it easier for our clients.

We ensure through our professional accreditation procedure a reputable, certified and qualified professional panel. This panel has the ability to supply our clients with competitive quotations, quality service delivering to the time, budget and quality specs.

We assist in preserving our client’s property by organizing repair work and maintenance, cleaning and gardening as requested by the Owners Corporation. We validate all billings and ensure appropriate payment to professionals. We know the professionals to call for intricate matters.

We ensure our customer’s structures are safe and compliant by utilizing independent auditing and compliance business.

Strata Account Management

We ensure:-.

Works are completed in accordance with our approved control framework to ensure strong danger management including work orders, accounts approval procedures and accounts payments procedures.

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

A seperate accounts payable area makes sure accounts are paid in a prompt way and guarantees responsiveness of our separately licensed suppliers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Fitzroy have a constant process that Body Corporate Strata Group would assist and step through, making sure we can provide extra value to our total 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 common services (i.e. elevators, typical electrical energy, stairwells, gardens, and so on).

– 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 Spending Plan.

Based upon all information gathered from initial conferences, Body Corporate Strata Group will prepare and a sign budget plan based upon exactly what the expected, yearly Owners Corporation fees will be. The indicative budget plan helps the developer and sales team when selling off the plan for prospective buyers who may inquire about the Owners Corporation charges.

Stage 4. Agreement of Appointment.

Upon approval of our proposal and indicative budget, our group will require a Contract of Appointment to be signed for the permission to act upon your behalf through all phases of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all aspects of the sales procedure impacting the Owners Corporation, such as:.
– Set up an initial meeting with your sales group.
– Supply a direct info and query line to our Company Development Supervisor for your sales representative and potential buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Go to discussion nights and/or conduct presentations.

Stage 6. Setting up 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, consisting of finalisation of minutes.

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

– Invoicing of Owners Corporation charges.

At this stage, we will also acquire your ABN number, common seal and set up the Owners Corporation savings account.

Notably, all pre-paid expenses used up by the Developer connecting to the Owners Corporation establishment including Strata Insurance coverage are reclaimed at the time of settlement of your home either completely or pro-rata.

Stage 7. Settlement.

– Completion of Owners Corporation Certificates with needed documents attached.

– On-site evaluation of residential or commercial property with Owners Corporation supervisor.

– Affixing of Owners Corporation Management Sign.

Stage 8. Welcome to Our Body Corporate Strata Group.

Often the buyer has never ever been involved 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 know the services the Owners Corporation are responsible and by way of introduction, all owners get an in-depth welcome package with realities about the services the Owners Corporation offer, model rules, contact details and far more.