Strata Body Corporate Sydenham

strata body corporate services Sydenham

What Is Involved With Strata Management In Sydenham

Strata Management in Sydenham includes many 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 establish Owners Corporation, chairperson, budget, strata insurance, committee and basic organisation

– Managing all typical services to your home or business

– Accounts Payable & Receivable

– Preserve the most competitive strata structure insurance cover

– Submission and processing of insurance claims

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

– Interaction with your committee and members

– Offering monetary reports as requested in a prompt way

– OH&S Compliance

– Correspondence with Council on matters relative to your home

– Building and Fire Code Regulations

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

– Guaranteeing that occupiers abide by the Design Rules

– Financial obligation Collection – our firm offers a strict financial obligation collection service for non payment of costs

– Establish a maintenance fund for future capital works/improvements

– Provide an out of hour’s emergency situation service readily available to all residents of the owner’s corporation

– Affixing of the your Common Seal

– Produce Owners Corporation Certificates

– Keeping all Owners Corporation records and offsite archiving

– Handle Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation customers are certified with all relevant laws, legislation and guidelines through our our detailed danger management processes.

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

Our contractor accreditation process makes sure a reputable, certified and competent specialist panel is at call to service our clients. This approved panel supplies our customers with competitive quotes and quality service. We make sure specialists provide to the scope, time, spending plan and quality specs of our customers.

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

We are devoted to an expert 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 Business Directors and The Financial Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Sydenham

Body Corporate Providers Servicing Sydenham

We chose maintenance and repair suppliers who have actually a demonstrated performance history of lowering the expenses of service, providing to timeframes and the quality spec of the Owners Corporation. Making it simpler for our clients.

We ensure through our specialist accreditation procedure a dependable, compliant and skilled professional panel. This panel has the ability to supply our clients with competitive quotations, quality service providing to the time, budget plan and quality specifications.

We help in preserving our customer’s residential or commercial property by organizing repairs and maintenance, cleaning and gardening as requested by the Owners Corporation. We verify all billings and ensure appropriate payment to professionals. We understand the specialists to require complex matters.

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

Strata Account Management

We ensure:-.

Works are finished in accordance with our authorized control framework to ensure strong risk management consisting of work orders, accounts approval processes and accounts payments processes.

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

A seperate accounts payable area ensures accounts are paid in a prompt manner and guarantees responsiveness of our separately accredited providers.

We keep electronic records as needed by law.

Strata Management for Property Developers

All new developments in Sydenham have a constant process that Body Corporate Strata Group would assist and step through, making sure we can provide 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 building plans and plan of subdivision.

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

– Recognition of several Owners Corporations.

– Developer’s expectations.

– Introduction to Body Corporate Strata Group and service abilities.

Stage 2. Body Corporate Strata Group Management Proposition.

Stage 3. Preparation of Indicative Spending Plan.

Based upon all info gathered from initial meetings, Body Corporate Strata Group will prepare and a sign budget based upon what the expected, annual Owners Corporation fees will be. The indicative spending plan helps the developer and sales group when selling off the plan for prospective buyers who might ask about the Owners Corporation fees.

Stage 4. Contract of Appointment.

Upon approval of our proposal and indicative budget, our group will require a Contract of Appointment to be signed for the authorization to act upon your behalf through all stages of the development impacting the Owners Corporation.

Stage 5. Marketing & Sales.

We will help through all elements of the sales procedure impacting the Owners Corporation, such as:.
– Set up an initial conference with your sales team.
– Supply a direct details and enquiry line to our Business Development Supervisor for your sales representative and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Participate in presentation nights and/or conduct presentations.

Stage 6. Setting up Owners Corporation.

Prior to settlement of your unit/s, we will need specific 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, including finalisation of minutes.

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

– Invoicing of Owners Corporation charges.

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

Notably, all pre-paid costs expended by the Developer connecting to the Owners Corporation establishment including Strata Insurance are reclaimed at the time of settlement of your home or business either in full or pro-rata.

Stage 7. Settlement.

– Completion of Owners Corporation Certificates with required documents attached.

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

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Frequently the purchaser has actually never been involved with an Owners Corporation, we see the first time they may have anything to do with our business is by receiving an invoice.

To make sure they are aware of the services the Owners Corporation are responsible and by way of intro, all owners get an in-depth welcome kit with realities about the services the Owners Corporation provide, model rules, contact details and a lot more.