Strata Body Corporate Williamstown

strata body corporate services Williamstown

What Is Involved With Strata Management In Williamstown

Strata Management in Williamstown involves lots of tasks, our Supervisors 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 establish Owners Corporation, chairperson, spending plan, strata insurance coverage, committee and basic organisation

– Managing all common services to your home

– Accounts Payable & Receivable

– Maintain the most competitive strata structure insurance coverage cover

– Submission and processing of insurance claims

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

– Communication with your committee and members

– Providing financial reports as requested in a timely way

– OH&S Compliance

– Correspondence with Council on matters relative to your property

– Building and Fire Code Regulations

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

– Making sure that occupiers comply with the Model Rules

– Financial obligation Collection – our company supplies a rigid financial obligation collection service for non payment of fees

– Develop a maintenance fund for future capital works/improvements

– Offer an out of hour’s emergency situation service readily available 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

– Deal with Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation clients are compliant with all relevant laws, legislation and guidelines through our our comprehensive danger management processes.

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

Our contractor accreditation procedure makes sure a trusted, certified and qualified specialist panel is at call to service our customers. This authorized panel supplies our customers with competitive quotations and quality service. We ensure specialists deliver to the scope, time, budget plan and quality specifications of our customers.

We use an independent auditing and compliance company to examine our customer’s structures are safe and certified 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 Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Williamstown

Body Corporate Services Servicing Williamstown

We selected repair and maintenance service providers who have actually a demonstrated performance history of minimizing the expenses of service, delivering to timeframes and the quality specification of the Owners Corporation. Making it easier for our clients.

We make sure through our professional accreditation process a reputable, certified and qualified contractor panel. This panel has the ability to supply our clients with competitive quotes, quality service providing to the time, budget and quality requirements.

We assist in maintaining our client’s property 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 understand the professionals to require complicated matters.

We ensure our customer’s buildings are safe and certified by using independent auditing and compliance company.

Strata Account Management

We make sure:-.

Works are finished in accordance with our approved control structure to ensure strong threat management including 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 guarantees accounts are paid in a prompt manner and makes sure responsiveness of our separately licensed suppliers.

We keep electronic records as needed by law.

Strata Management for Property Developers

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

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

Gathering of details such as:.

– Draft building plans and plan of subdivision.

– Understanding of typical services (i.e. elevators, typical electrical power, stairwells, gardens, etc.).

– Identification of several Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service capabilities.

Stage 2. Body Corporate Strata Group Management Proposition.

Stage 3. Preparation of Indicative Budget Plan.

Based upon all information gathered from preliminary conferences, Body Corporate Strata Group will prepare and a sign budget plan based on exactly what the anticipated, yearly Owners Corporation charges will be. The indicative spending plan helps the developer and sales group when selling off the plan for prospective buyers who might inquire about the Owners Corporation costs.

Stage 4. Agreement of Visit.

Upon acceptance of our proposal and indicative budget plan, our group will need an Agreement of Visit to be signed for the permission to act upon your behalf through all stages of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all elements of the sales process affecting the Owners Corporation, such as:.
– Establish an initial conference with your sales team.
– Supply a direct details and query line to our Organisation Development Supervisor for your sales representative and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Attend presentation nights and/or conduct presentations.

Stage 6. Setting up Owners Corporation.

Prior to settlement of your unit/s, we will require specific info to establish the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and conclusion of the Inaugural Yearly General Meeting, consisting of finalisation of minutes.

– Payment of Owners Corporation Strata Insurance which is set off by the concern 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 savings account.

Importantly, all pre-paid costs expended by the Developer associating with the Owners Corporation facility consisting of Strata Insurance are reclaimed at the time of settlement of your house either in full or pro-rata.

Stage 7. Settlement.

– Completion of Owners Corporation Certificates with required documents attached.

– On-site inspection of home with Owners Corporation manager.

– Affixing of Owners Corporation Management Sign.

Phase 8. Welcome to Our Body Corporate Strata Group.

Often the purchaser has actually never ever been involved with an Owners Corporation, we see the very first time they might have anything to do with our company is by getting an invoice.

To make sure they are aware of the services the Owners Corporation are accountable and by way of intro, all owners receive a comprehensive welcome kit with truths about the services the Owners Corporation offer, model rules, contact details and far more.