Strata Body Corporate Forest Hill

strata body corporate services Forest Hill

What Is Involved With Strata Management In Forest Hill

Strata Management in Forest Hill includes numerous 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 establish Owners Corporation, chairperson, spending plan, strata insurance, committee and basic service

– Managing all typical services to your house

– Accounts Payable & Receivable

– Keep the most competitive strata structure insurance coverage cover

– Submission and processing of insurance coverage claims

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

– Communication with your committee and members

– Supplying financial reports as requested in a prompt way

– OH&S Compliance

– Correspondence with Council on matters relative to your home or business

– Building and Fire Code Laws

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

– Ensuring that occupiers comply with the Model Rules

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

– Establish a maintenance fund for future capital works/improvements

– Provide a from hour’s emergency situation service offered 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 Dispute Resolutions effecting the Owners Corporation

We ensure our Owners Corporation customers are certified with all appropriate laws, legislation and regulations through our our extensive risk management procedures.

We are licensed by the Company Licensing Authority, registered number 532.

Our contractor accreditation process ensures a reliable, certified and competent contractor panel is at call to service our customers. This approved panel supplies our clients with competitive quotations and quality service. We ensure contractors provide to the scope, time, budget and quality specifications of our customers.

We use an independent auditing and compliance company to examine our client’s buildings are safe and compliant to OHS and Important Service Requirements.

We are dedicated to a professional industry. 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.

strata management Forest Hill

Body Corporate Providers Servicing Forest Hill

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

We ensure through our contractor accreditation process a trusted, certified and skilled contractor panel. This panel has the ability to offer our customers with competitive quotes, quality service providing to the time, budget plan and quality specifications.

We help in keeping our client’s property by setting up repair work and maintenance, cleaning and gardening as requested by the Owners Corporation. We validate all billings and guarantee proper payment to contractors. We know the experts to require intricate matters.

We ensure our client’s structures are safe and certified using independent auditing and compliance company.

Strata Account Management

We ensure:-.

Works are finished in accordance with our authorized control structure to guarantee strong danger management consisting of 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 timely way and makes sure responsiveness of our independently certified providers.

We keep electronic records as required by law.

Strata Management for Property Developers

All brand-new developments in Forest Hill have a consistent procedure that Body Corporate Strata Group would assist and step through, making certain we can supply additional worth 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 typical 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 information gathered from initial conferences, Body Corporate Strata Group will prepare and a sign budget based on exactly what the expected, yearly Owners Corporation costs will be. The indicative spending plan assists 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 spending plan, our group will need an Agreement of Appointment to be signed for the permission to act upon your behalf through all stages of the development impacting 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 introductory meeting with your sales group.
– Provide a direct info and query line to our Business Development Manager for your sales representative and potential buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Participate in presentation nights and/or conduct presentations.

Stage 6. Establishing Owners Corporation.

Prior to settlement of your unit/s, we will require 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 coverage which is set off by the issue of your Certificate of Occupancy.

– Invoicing of Owners Corporation costs.

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

Importantly, all pre-paid expenses used up by the Developer associating with the Owners Corporation facility 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 needed paperwork attached.

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

– 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 very first time they may have anything to do with our business is by receiving an invoice.

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