Strata Body Corporate Somerton

strata body corporate services Somerton

What Is Involved With Strata Management In Somerton

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

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

– Inaugural AGM develop Owners Corporation, chairperson, budget, strata insurance, committee and basic company

– Managing all typical services to your home

– Accounts Payable & Receivable

– Maintain the most competitive strata structure insurance cover

– Submission and processing of insurance claims

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

– Communication with your committee and members

– Providing 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 Regulations

– Guaranteeing that Owners Corporation charges & levies are paid on time

– Making sure that occupiers comply with the Design Rules

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

– Establish an upkeep 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 Common Seal

– Produce Owners Corporation Certificates

– Preserving all Owners Corporation records and offsite archiving

– Handle Conflict Resolutions effecting the Owners Corporation

We ensure our Owners Corporation clients are compliant with all appropriate laws, legislation and regulations through our our thorough threat management processes.

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

Our professional accreditation procedure guarantees a dependable, compliant and proficient professional panel is at call to service our customers. This authorized panel provides our customers with competitive quotes and quality service. We guarantee contractors provide to the scope, time, budget and quality requirements of our clients.

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

We are dedicated 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 Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Somerton

Body Corporate Solutions Servicing Somerton

We chose maintenance and repair companies who have actually a demonstrated track record of minimizing the expenses of service, providing to timeframes and the quality requirements of the Owners Corporation. Making it much easier for our customers.

We ensure through our specialist accreditation process a trusted, compliant and qualified contractor panel. This panel is able to supply our customers with competitive quotes, quality service delivering to the time, budget plan and quality specifications.

We help in keeping our client’s home by arranging repair work and upkeep, cleaning and gardening as asked for by the Owners Corporation. We verify all billings and guarantee proper payment to contractors. We know the professionals to call for intricate matters.

We guarantee our customer’s buildings are safe and compliant using independent auditing and compliance company.

Strata Account Management

We make sure:-.

Works are completed in accordance with our authorized control structure to ensure strong danger management including work orders, accounts approval processes and accounts payments processes.

Approval of works are made within the approved authorities of our customers.

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

We keep electronic records as required by law.

Strata Management for Property Developers

All brand-new developments in Somerton have a consistent procedure that Body Corporate Strata Group would help and step through, making certain we can offer additional value to our general function of managing the Owners Corporation.

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

Gathering of information such as:.

– Draft structure plans and plan of subdivision.

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

– Recognition 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 Budget Plan.

Based upon all information collected from preliminary conferences, Body Corporate Strata Group will prepare and a sign budget based on what the anticipated, annual Owners Corporation costs will be. The indicative budget assists the developer and sales team when selling off the plan for prospective purchasers who might ask about the Owners Corporation charges.

Stage 4. Agreement of Appointment.

Upon approval of our proposition and indicative budget plan, our group will require 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:.
– Establish an initial meeting with your sales group.
– Provide a direct info and query line to our Company Development Manager for your sales agent and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Attend discussion nights and/or conduct presentations.

Stage 6. Establishing Owners Corporation.

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

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and completion of the Inaugural Annual General Meeting, consisting of finalisation of minutes.

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

– Invoicing of Owners Corporation costs.

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

Significantly, all pre-paid expenses used up by the Developer connecting to the Owners Corporation establishment including Strata Insurance 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 documentation attached.

– On-site inspection of property with Owners Corporation supervisor.

– Affixing of Owners Corporation Management Sign.

Stage 8. Welcome to Our Body Corporate Strata Group.

Typically the purchaser 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 a comprehensive welcome package with facts about the services the Owners Corporation offer, model guidelines, contact details and far more.