Strata Body Corporate Glen Iris

strata body corporate services Glen Iris

What Is Involved With Strata Management In Glen Iris

Strata Management in Glen Iris includes numerous 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, spending plan, strata insurance, committee and basic service

– Managing all common services to your property

– Accounts Payable & Receivable

– Maintain the most competitive strata building insurance coverage cover

– Submission and processing of insurance coverage claims

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

– Communication with your committee and members

– Offering monetary reports as asked for in a prompt way

– OH&S Compliance

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

– Building and Fire Code Regulations

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

– Guaranteeing that occupiers comply with the Model Rules

– Debt Collection – our firm offers a rigid debt collection service for non payment of costs

– Develop an upkeep fund for future capital works/improvements

– Offer a from 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

– Handle Disagreement Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation clients are compliant with all pertinent laws, legislation and guidelines through our our comprehensive danger management procedures.

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

Our contractor accreditation process guarantees a trusted, certified and qualified professional panel is at call to service our clients. This authorized panel provides our clients with competitive quotations and quality service. We ensure specialists deliver to the scope, time, spending plan and quality specs of our clients.

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

We are committed 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 Business Directors and The Financial Solutions Institute of Australasia (FINSIA) www.finsia.com.

strata management Glen Iris

Body Corporate Solutions Servicing Glen Iris

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 much easier for our clients.

We guarantee through our professional accreditation process a dependable, compliant and competent professional panel. This panel has the ability to provide our clients with competitive quotes, quality service providing to the time, budget plan and quality specs.

We assist in keeping our client’s home by arranging repair work and maintenance, cleaning and gardening as asked for by the Owners Corporation. We verify all billings and ensure proper payment to specialists. We understand the specialists to require complex matters.

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

Strata Account Management

We make sure:-.

Works are completed in accordance with our authorized control structure to guarantee strong danger management consisting of 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 guarantees accounts are paid in a timely manner and makes sure responsiveness of our individually licensed providers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All new developments in Glen Iris have a consistent process that Body Corporate Strata Group would assist and step through, making certain we can provide additional worth to our total purpose of handling the Owners Corporation.

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

Gathering of info such as:.

– Draft building plans and plan of subdivision.

– Understanding of typical services (i.e. elevators, common electrical energy, stairwells, gardens, and so on).

– Recognition of numerous Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service capabilities.

Stage 2. Body Corporate Strata Group Management Proposal.

Stage 3. Preparation of Indicative Budget.

Based on all information gathered from initial conferences, Body Corporate Strata Group will prepare and indicative spending plan based upon what the anticipated, annual Owners Corporation fees will be. The indicative budget plan helps the developer and sales group when selling off the plan for prospective purchasers who might inquire about the Owners Corporation costs.

Stage 4. Agreement of Visit.

Upon acceptance of our proposal and indicative spending plan, our group will require a Contract of Consultation to be signed for the authorization to act upon 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 group.
– Offer a direct info and query line to our Business Development Manager for your sales representative and potential purchasers.
– Complete specific marketing material as part of your marketing and sales program.
– Attend 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 conclusion of the Inaugural Annual General Meeting, consisting of finalisation of minutes.

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

– Invoicing of Owners Corporation charges.

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

Importantly, all pre-paid costs expended by the Developer relating to the Owners Corporation establishment consisting of Strata Insurance coverage are reclaimed at the time of settlement of your house either completely or pro-rata.

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with needed paperwork attached.

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

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Frequently 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 getting an invoice.

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