Living in a strata, a community has many advantages with approximately one in five living in strata across Australia and New Zealand. Strata management regulations differ from state to state. With 4,336 full-time Strata Managers, service and offerings can vary extensively.
Here is what you what you need to consider when thinking about strata management in Perth.
Meeting support
Your Strata Manager can coordinate annual and extraordinary meetings and regularly chair the meetings. They will also keep and record the determination of the meeting. Having a strata manager undertake this function enables you to conduct effective and compliant meetings.
Financial services
Strata companies collect contributions (these are called levies) from owners that contribute towards the day-to-day running and expenses of the complex such as insurance, gardening and building repairs and maintenance.
Strata Managers support strata companies by collecting contributions from lot owners.
Property maintenance
Strata managers can arrange scheduled or unplanned work to be completed on your property including, arranging quotes, seeking approval, arranging access, coordinating the works and paying invoices. Strata Managers may also ensure all contractors and suppliers are compliant with current insurance policies prior to undertaking works at a scheme.
Scheme compliance
Strata Managers can issue notices to owners that breach strata company bylaws on behalf of the strata company. Read more about strata scheme by-laws and breaches here.
Keep detailed financial records
Strata Managers can keep detailed financial records on behalf of your strata company and manage the financial accounts on your behalf.
If you have any questions about your Strata Manager, you can find a comprehensive outline in your strata company contract with your Strata Manager or can contact your Strata Manager if you have any questions.
If you want to learn how to read your strata scheme financials, click here.
Get to know your appointed Strata Company Manager
In addition to the above services, you may also like to get to know your appointed Strata Company Manager.
Every strata scheme is different. However, it is valuable to know if your appointed Strata Company Manager has experience in schemes like yours. You may like to ask them:
- What is the average size of the schemes they manage?
- Do they typically manage residential or mixed use (commercial/residential)?
- Do they manage schemes with amenities (for example a gym, function/ meeting rooms)?
- What is their communication style like?
- Will they be the primary contact or is there an assistant?
Exclusive Strata Management’s experienced Strata Managers can provide a variety of professional services as requested to ensure that the daily operations of your strata property run as smoothly as possible, Click here to contact us today.
