Strata Body Corporate Hastings

strata body corporate services Hastings

What Is Involved With Strata Management In Hastings

Strata Management in Hastings includes numerous tasks, our Supervisors are well trained and capable in the function requested of them.

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

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

– Managing all typical services to your home or business

– Accounts Payable & Receivable

– Maintain the most competitive strata structure insurance coverage cover

– Submission and processing of insurance coverage claims

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

– Communication with your committee and members

– Offering monetary reports as asked for in a timely way

– OH&S Compliance

– Correspondence with Council on matters relative to your home

– Building and Fire Code Laws

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

– Making sure that occupiers comply with the Model Rules

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

– Develop a maintenance 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 Typical Seal

– Produce Owners Corporation Certificates

– Preserving all Owners Corporation records and offsite archiving

– Handle Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation customers are compliant with all pertinent laws, legislation and regulations through our our comprehensive danger management processes.

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

Our professional accreditation procedure ensures a reputable, certified and competent specialist panel is at call to service our clients. This approved panel provides our customers with competitive quotes and quality service. We ensure specialists deliver to the scope, time, spending plan and quality requirements of our clients.

We utilize an independent auditing and compliance company to assess our client’s structures are safe and compliant to OHS and Vital Service Requirements.

We are devoted to an expert industry. Our firm 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 Hastings

Body Corporate Services Servicing Hastings

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

We guarantee through our professional accreditation procedure a trusted, compliant and competent contractor panel. This panel has the ability to supply our customers with competitive quotes, quality service delivering to the time, budget plan and quality specifications.

We help in maintaining our client’s residential or commercial property by setting up repairs and maintenance, cleaning and gardening as asked for by the Owners Corporation. We verify all invoices and guarantee correct payment to contractors. We know the professionals to require complex matters.

We guarantee our client’s structures are safe and certified by using independent auditing and compliance business.

Strata Account Management

We make sure:-.

Works are completed in accordance with our authorized control framework to make sure strong risk management including work orders, accounts approval procedures 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 manner and guarantees responsiveness of our independently licensed suppliers.

We keep electronic records as required by law.

Strata Management for Property Developers

All new developments in Hastings have a constant process that Body Corporate Strata Group would help and step through, making certain we can supply additional value to our overall 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.).

– Identification of numerous Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service abilities.

Stage 2. Body Corporate Strata Group Management Proposal.

Stage 3. Preparation of Indicative Budget Plan.

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

Stage 4. Contract of Consultation.

Upon acceptance of our proposal and indicative budget, our group will need an Agreement of Consultation to be signed for the permission to act on your behalf through all phases of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all elements of the sales procedure affecting the Owners Corporation, such as:.
– Establish an initial meeting with your sales group.
– Offer a direct details and enquiry line to our Organisation Development Manager for your sales agent and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Participate in presentation nights and/or conduct discussions.

Stage 6. Setting up Owners Corporation.

Prior to settlement of your unit/s, we will need particular information to set up the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and conclusion 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 costs.

At this phase, we will also obtain your ABN number, common seal and established the Owners Corporation bank account.

Notably, all pre-paid costs expended by the Developer relating to the Owners Corporation facility including Strata Insurance are recovered at the time of settlement of your property either in full or pro-rata.

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with required paperwork attached.

– On-site inspection 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 actually never ever been involved with an Owners Corporation, we see the very first time they might 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 accountable and by way of introduction, all owners get a comprehensive welcome package with facts about the services the Owners Corporation supply, model guidelines, contact details and far more.