Strata Management Specialists
Property Managers in Shoalhaven
www.stratams.com.au
Address
Shop 3, 25 The Wool Rd. Nowra. Shoalhaven, NSW, 2541.Are you the owner or manager of this company?
What you should know about Strata Management Specialists
Ensure that the individual Manager has the necessary experience in your particular type of building. A strata managing agent, licensed below the Property, Stock amp amp Business Agents Act 1941, is a person who has the necessary academic and management experience to carry out the functions of an Owner’s Corporation as required by the Strata Schemes Management Act 1996. When the Owner’s Corporation appoints a strata managing agent, it delegates these functions to the agent for which the agent receives a management fee. If the strata managing agent is being appointed to assist the Owner’s Corporation to manage its affairs and the asset it holds on behalf of all owners, the cost of this should be seen as contributing to that asset. At Strata Management Specialists, our fee structure is based on the number of lots in the strata scheme. The Agency Agreement’s Schedule of Services details those services inclusive in the management fee and mostly we find that if the executive committee works closely with the agent, there is usually no need for any surplus services to be performed. By managing a very expansive variety of buildings and schemes across the area, including residential, commercial and industrial complexes, Strata Management Specialists has built up an extensive background of strata management skills over many years. All our managers have worked in strata management, property management or a different range of business and management enterprises. Where does the Agent hold the Trust Accounts? And that’s good behind all, the strata managing agent is looking after money on behalf of a strata scheme ampndash the owners’ money. However, the role of your strata managing agent is to help the owners in determining adequate levies to manage the strata scheme. Another normal misunderstanding is that your levies are the fee paid to the strata managing agent for providing its management service to the strata scheme. The levies are, in fact, set by deciding how much money the strata scheme will need in the after year to pay all its running costs, including insurance premiums, repairs and maintenance, electricity, water and managing agent’s fee. What does the Agent do about unpaid levies? Flawless records are vital in the management of your strata manipulate asset. There are ample facilities for holding meetings at our office. An Owner or Occupier of a Lot must not create any commotion on the parcel apt to interfere with the peaceful enjoyment of the Owner or Occupier of another Lot or of any person lawfully using Common Property. An Owner or Occupier of a Lot must not allow any kid of whom the Owner or Occupier has oversee to play on Common Property within the building or, unless accompanied by an adult exercising effective control, to be or to continue on Common Property comprising a laundry, vehicle parking area or other area of conceivable danger or hazard to children. An Owner or Occupier of a Lot must receive all logical steps to ensure that invitees of the Owner or Occupier do not behave in a manner likely to interfere with the peaceful enjoyment of the Owner or Occupier of another Lot or of a person using the Normal Property. An Occupier of a Lot must notify the Owners' Corporation if the Occupier changes the existing use of the Lot in any way that may affect the insurance premiums for the strata manipulate (for example, if the change of use results in a chancy activity being carried out on the Lot, or results in the Lot being for commercial purposes rather than residential purposes). Other Responsibilities Owners, occupiers and other persons not to interfere with structure of lot or services to lot. An owner, lessee or occupier of a lot must not: use or enjoy the lot, or allow the lot to be worn or enjoyed, in such a manner or for such a purpose as to create a nuisance or hazard to the occupier of any other lot (whether that person is an owner or not), or. Arrange in the name of and as required by the Owners' Corporation normal day to day maintenance, mend and replacement of the normal property and personal property vested in the Owners' Corporation, but excluding any special attendance at the parcel for thi
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