Strata Body Corporate Wattle Park
What Is Involved With Strata Management In Wattle Park
Strata Management in Wattle Park involves numerous tasks, our Supervisors are well trained and capable in the role requested of them.
Here is a snapshot on what the Supervisors of your Owners Corporation do:
– Inaugural AGM establish Owners Corporation, chairperson, spending plan, strata insurance coverage, committee and general company
– Handling all common services to your house
– Accounts Payable & Receivable
– Keep the most competitive strata structure insurance coverage cover
– Submission and processing of insurance coverage claims
– Conduct Annual/Special General Meetings including all preparatory documentation and minutes
– Communication with your committee and members
– Offering financial reports as asked for in a timely manner
– OH&S Compliance
– Correspondence with Council on matters relative to your property
– Building and Fire Code Laws
– Making sure that Owners Corporation fees & levies are paid on time
– Making sure that occupiers comply with the Model Rules
– Financial obligation Collection – our firm supplies a stringent debt collection service for non payment of charges
– Develop an upkeep fund for future capital works/improvements
– Offer an out of hour’s emergency service readily available to all occupants of the owner’s corporation
– Affixing of the your Common Seal
– Produce Owners Corporation Certificates
– Keeping all Owners Corporation records and offsite archiving
– Handle Disagreement Resolutions effecting the Owners Corporation
We guarantee our Owners Corporation clients are certified with all pertinent laws, legislation and regulations through our our comprehensive risk management processes.
We are certified by the Business Licensing Authority, registered number 532.
Our contractor accreditation process ensures a trustworthy, compliant and skilled contractor panel is at call to service our clients. This authorized panel supplies our clients with competitive quotes and quality service. We guarantee specialists provide to the scope, time, spending plan and quality specifications of our customers.
We use an independent auditing and compliance business to assess our customer’s buildings are safe and compliant to OHS and Vital Service Requirements.
We are dedicated 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 Services Institute of Australasia (FINSIA) www.finsia.com.
Body Corporate Providers Servicing Wattle Park
We selected repair and maintenance companies who have actually a shown track record of minimizing the costs of service, delivering to timeframes and the quality requirements of the Owners Corporation. Making it easier for our clients.
We make sure through our specialist accreditation process a reputable, compliant and qualified specialist panel. This panel has the ability to offer our customers with competitive quotes, quality service delivering to the time, budget and quality specifications.
We assist in preserving our client’s residential or commercial property by organizing repairs and maintenance, cleaning and gardening as asked for by the Owners Corporation. We verify all invoices and ensure correct payment to contractors. We understand the specialists to call for complicated matters.
We guarantee our customer’s buildings are safe and compliant using independent auditing and compliance company.
Strata Account Management
Works are finished in accordance with our approved control framework to guarantee strong threat 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 way and ensures responsiveness of our independently certified providers.
We keep electronic records as required by law.
Strata Management for Property Developers
All new developments in Wattle Park have a constant procedure that Body Corporate Strata Group would help and step through, making certain we can offer extra value to our total purpose of managing the Owners Corporation.
Stage 1. Initial Meeting/s – Understanding of Owners Corporation.
Gathering of details such as:.
– Draft structure plans and plan of subdivision.
– Understanding of common services (i.e. elevators, typical electricity, stairwells, gardens, etc.).
– Recognition of multiple Owners Corporations.
– Developer’s expectations.
– Introduction to Body Corporate Strata Group and service abilities.
Stage 2. Body Corporate Strata Group Management Proposal.
Stage 3. Preparation of Indicative Budget.
Based upon all details collected from preliminary conferences, Body Corporate Strata Group will prepare and a sign budget based upon what the anticipated, yearly Owners Corporation fees will be. The indicative budget assists the developer and sales team when selling off the plan for prospective buyers who might inquire about the Owners Corporation costs.
Stage 4. Agreement of Consultation.
Upon acceptance of our proposition and indicative budget, our group will require an Agreement of Appointment to be signed for the authorization to act on 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 process impacting the Owners Corporation, such as:.
– Establish an initial conference with your sales group.
– Provide a direct details and query line to our Company Development Supervisor for your sales agent and potential purchasers.
– Complete specific marketing material as part of your marketing and sales program.
– Go to discussion nights and/or conduct discussions.
Stage 6. Setting up Owners Corporation.
Prior to settlement of your unit/s, we will require specific 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 coverage which is activated by the issue of your Certificate of Occupancy.
– Invoicing of Owners Corporation charges.
At this stage, we will likewise acquire your ABN number, common seal and established the Owners Corporation savings account.
Significantly, all pre-paid expenses used up by the Developer connecting to the Owners Corporation establishment consisting of Strata Insurance coverage are recovered at the time of settlement of your property either completely or pro-rata.
Stage 7. Settlement.
– Conclusion of Owners Corporation Certificates with needed paperwork attached.
– On-site assessment of property with Owners Corporation manager.
– Affixing of Owners Corporation Management Sign.
Stage 8. Welcome to Our Body Corporate Strata Group.
Often the purchaser has never 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 intro, all owners get an in-depth welcome package with realities about the services the Owners Corporation offer, model rules, contact information and much more.