OWNERS' CORPORATIONS
Owners and purchasers of strata-managed properties may find themselves in need of a compulsory strata manager when their regular management services fall short. Ineffective communication, unresolved maintenance issues and lack of transparency can lead to frustration among residents and impact property values. Compulsory strata management services can assist with:
Strata Compliance Audit
It ensures that the strata scheme complies with all relevant NSW regulations, identifying any areas of non-compliance and articulating best practice.
Major Works Administration
Efficient management of major works, including approvals and contractor coordination, helps self-managed Owners' Corporations maintain and improve their properties without delays.
General Meeting Documentation
It involves preparing and distributing necessary documents for general meetings, ensuring all stakeholders are informed and able to participate effectively.
Section 237 Appointment
Providing compulsory strata manager services under Section 237 of the Strata Schemes Management Act 2015, helping to resolve management issues effectively.
Insurance Claims
This service assists lot owners in navigating the insurance claims process, from filing claims to negotiating settlements, ensuring a smooth and efficient resolution.
By-Law Review
Regular reviews of by-laws ensure they remain relevant and effective, providing the self-managed owners' corporation with clear guidelines for managing the strata scheme and addressing any emerging issues.
Renovation Administration
This service ensures that all renovation activities comply with NSW strata laws, including obtaining necessary approvals and managing contractor engagements.
Drafting of Motions and By-Laws
This service assists in creating and formalizing motions and by-laws, tailored to the specific needs of the strata scheme and compliant with NSW regulations.
Insurance Risk Advice
Offers expert advice on identifying and mitigating risks to ensure your strata scheme has adequate and appropriate insurance coverage. This includes assessing potential vulnerabilities, recommending insurance policies and providing guidance on best practices for risk management.
Strata Mentor Program
Provides ongoing support and mentorship to self-managed owners corporations, helping them navigate complex strata management tasks and improve their governance practices.
By providing comprehensive support in areas such as compliance audits, by-law reviews and insurance risk advice, compulsory strata managers help ensure that the strata scheme operates smoothly and effectively.