Strata Body Corporate Reservoir

strata body corporate services Reservoir

What Is Involved With Strata Management In Reservoir

Strata Management in Reservoir 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 establish Owners Corporation, chairperson, budget plan, strata insurance, committee and basic service

– Managing all common services to your house

– Accounts Payable & Receivable

– Maintain the most competitive strata structure insurance coverage cover

– Submission and processing of insurance coverage claims

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

– Interaction with your committee and members

– Supplying monetary reports as requested in a prompt manner

– OH&S Compliance

– Correspondence with Council on matters relative to your property

– Building and Fire Code Laws

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

– Making sure that occupiers abide by the Design Rules

– Financial obligation Collection – our company provides a strict debt collection service for non payment of fees

– Develop a maintenance fund for future capital works/improvements

– Provide a from hour’s emergency service offered to all residents of the owner’s corporation

– Affixing of the your Typical Seal

– Produce Owners Corporation Certificates

– Maintaining all Owners Corporation records and offsite archiving

– Handle Dispute Resolutions effecting the Owners Corporation

We ensure our Owners Corporation clients are certified with all relevant laws, legislation and policies through our our extensive danger management processes.

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

Our contractor accreditation procedure ensures a trustworthy, compliant and proficient specialist panel is at call to service our customers. This approved panel offers our clients with competitive quotations and quality service. We make sure professionals provide to the scope, time, spending plan and quality specifications of our clients.

We utilize an independent auditing and compliance company to evaluate our customer’s buildings are safe and certified to OHS and Necessary Service Requirements.

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

strata management Reservoir

Body Corporate Providers Servicing Reservoir

We chose repair and maintenance providers who have a demonstrated performance history of reducing the expenses of service, providing to timeframes and the quality specification of the Owners Corporation. Making it simpler for our customers.

We make sure through our professional accreditation procedure a reliable, certified and skilled specialist panel. This panel is able to offer our customers with competitive quotations, quality service providing to the time, budget plan and quality requirements.

We assist in preserving our customer’s residential or commercial property by organizing repair work and upkeep, cleaning and gardening as asked for by the Owners Corporation. We validate all invoices and make sure right payment to professionals. We understand the experts to call for complicated matters.

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

Strata Account Management

We make sure:-.

Works are finished in accordance with our approved control structure to ensure strong risk management including work orders, accounts approval processes and accounts payments procedures.

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

A seperate accounts payable area ensures accounts are paid in a prompt manner and guarantees responsiveness of our independently licensed suppliers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Reservoir have a consistent process that Body Corporate Strata Group would assist and step through, making certain we can supply extra value to our total function of managing the Owners Corporation.

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

Gathering of info such as:.

– Draft building plans and plan of subdivision.

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

– Identification of several 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 Spending Plan.

Based upon all info collected from preliminary meetings, Body Corporate Strata Group will prepare and a sign budget based upon exactly what the expected, annual Owners Corporation costs will be. The indicative budget assists the developer and sales group when selling off the plan for potential purchasers who might ask about the Owners Corporation fees.

Stage 4. Agreement of Appointment.

Upon approval of our proposition and indicative spending plan, our group will need a Contract 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 facets of the sales procedure affecting the Owners Corporation, such as:.
– Establish an introductory conference with your sales group.
– Provide a direct info and query line to our Organisation Development Supervisor for your sales representative and potential buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Participate in discussion nights and/or conduct discussions.

Stage 6. Setting up Owners Corporation.

Prior to settlement of your unit/s, we will need specific 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 set off by the issue of your Certificate of Occupancy.

– Invoicing of Owners Corporation costs.

At this stage, we will likewise obtain your ABN number, common seal and set up the Owners Corporation bank account.

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

Stage 7. Settlement.

– Conclusion of Owners Corporation Certificates with needed documents attached.

– On-site assessment of home with Owners Corporation supervisor.

– Affixing of Owners Corporation Management Sign.

Phase 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 may have anything to do with our company 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 kit with truths about the services the Owners Corporation provide, model rules, contact details and far more.