Strata Body Corporate Sorrento

strata body corporate services Sorrento

What Is Involved With Strata Management In Sorrento

Strata Management in Sorrento includes many tasks, our Supervisors 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 establish Owners Corporation, chairperson, budget plan, strata insurance coverage, committee and general business

– Managing all typical services to your home

– Accounts Payable & Receivable

– Preserve the most competitive strata structure insurance coverage cover

– Submission and processing of insurance claims

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

– Communication with your committee and members

– Offering monetary reports as requested in a timely way

– OH&S Compliance

– Correspondence with Council on matters relative to your house

– Building and Fire Code Laws

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

– Guaranteeing that occupiers comply with the Design Rules

– Debt Collection – our firm provides a stringent debt collection service for non payment of fees

– Develop a maintenance fund for future capital works/improvements

– Supply an out of hour’s emergency service 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 Disagreement Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation clients are certified with all appropriate laws, legislation and guidelines through our our thorough threat management processes.

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

Our specialist accreditation process guarantees a reliable, certified and competent contractor panel is at call to service our customers. This authorized panel offers our clients with competitive quotations and quality service. We make sure professionals provide to the scope, time, budget plan and quality specifications of our customers.

We utilize an independent auditing and compliance company to assess our client’s buildings are safe and compliant to OHS and Essential 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 Solutions Institute of Australasia (FINSIA) www.finsia.com.

strata management Sorrento

Body Corporate Services Servicing Sorrento

We selected maintenance and repair service providers who have a shown track record of decreasing the costs of service, delivering to timeframes and the quality requirements of the Owners Corporation. Making it easier for our customers.

We ensure through our professional accreditation procedure a reputable, certified and competent professional panel. This panel has the ability to provide our customers with competitive quotes, quality service providing to the time, budget plan and quality specifications.

We help in keeping our customer’s property by arranging repair work and upkeep, cleaning and gardening as asked for by the Owners Corporation. We confirm all billings and guarantee right payment to specialists. We know the specialists to call for intricate matters.

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

Strata Account Management

We make sure:-.

Works are finished in accordance with our authorized control framework to make sure strong threat management including work orders, accounts approval procedures 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 individually certified suppliers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All brand-new developments in Sorrento have a constant procedure that Body Corporate Strata Group would assist and step through, ensuring we can offer extra worth to our overall purpose of managing 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, typical electrical energy, stairwells, gardens, etc.).

– Identification of numerous Owners Corporations.

– Developer’s expectations.

– Introduction to Body Corporate Strata Group and service capabilities.

Stage 2. Body Corporate Strata Group Management Proposal.

Stage 3. Preparation of Indicative Spending Plan.

Based on all info collected from initial 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 helps the developer and sales team when selling off the plan for potential buyers who might inquire about the Owners Corporation fees.

Stage 4. Agreement of Appointment.

Upon acceptance of our proposition and indicative spending plan, our group will require a Contract of Consultation to be signed for the authorization to act on your behalf through all phases of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will help through all facets of the sales process affecting the Owners Corporation, such as:.
– Establish an introductory conference with your sales team.
– Supply a direct information and query line to our Company Development Manager for your sales representative and prospective purchasers.
– 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 info to establish the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and completion 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 likewise acquire your ABN number, common seal and set up the Owners Corporation bank account.

Notably, all pre-paid expenses used up by the Developer relating to the Owners Corporation facility 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 required documents attached.

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

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Typically the buyer has never been included with an Owners Corporation, we see the very first time they may have anything to do with our company is by getting an invoice.

To make sure they know the services the Owners Corporation are accountable and by way of intro, all owners receive a comprehensive welcome package with truths about the services the Owners Corporation supply, model guidelines, contact information and much more.