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Strata Management Specialists
Property Managers in Shoalhaven

www.stratams.com.au
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Remember you found this company at Infoisinfo 2-4441774?

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Shop 3, 25 The Wool Rd. Nowra. Shoalhaven, NSW, 2541.
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What you should know about Strata Management Specialists

Corporate in Shoalhaven, Real Estate Agents in Shoalhaven, Estate Agent in Shoalhaven, Management in Shoalhaven

We have been established in this area since 2002, but our principal Leo Paternoster has been active in the Strata Management field as both a Strata Manager and Director since 1981. We recognize that the triumph or failure of the strata management process will depend on the training, education, experience, skills, knowledge and judgment of the people involved. Our key personnel have the background to face all the challenges presented within and exterior a strata scheme. Our company is dedicated wholly to strata management services for Strata and Community Schemes. We believe that our appointment as Strata Managers ensures a high standard of professional advice, administration and integrity that benefits all proprietors, providing a necessary form of protection for your cherished asset.

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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Services

We present comprehensive services to developers and solicitors by establishing books and records of the strata maneuver and the provision of Section 109 Certificates and Section 26 Certificates, often with 24 hours notice. If you have a development that would gain from a timely response. Are you happy with the slick of service being offered to you by your stylish Managing Agent? As Strata Managing Agents, it is our job to not only know these pitfalls, but understand them so that we can overcome obstacles in protecting your investment. If you want to remain to look behind your property, but do not want all the hassles. This is in the best interest of the Strata Plan and also is protected by Unbiased Trading. Every owner is responsible for payment of their levy contribution to the istration and Sinking Funds for their scheme. We understand that, at times, levy notices can be lost in the post, however, this does not change the responsibility of owners to pay. The law says: 78 (6) Routine sporadic contributions to the administrative fund and sinking fund of an owners' corporation are taken to have been duly levied on an owner of a lot even though notice levying the contributions was not served on the owner. Correct maintenance should aid optimism the integrity of a building while minimizing the running costs. With their involvement, many of the functions typically performed by a Strata Management Company are undertaken by the Owners. For these Owners Corporations we can give accounting only services. These services include the collection and store of quarterly levies into a divide bank account in your Owners Corporation name. Full management includes all the services listed overhead in Prejudiced Management plus the extra services listed below. We would attend and chair meetings record minutes, and yield advice at these meetings. Arranging for any Maintenance and Repairs of the Property: Our main goal is to protect your valuable asset. The mechanical equipment in your building is reviewed. Elevators and fire safety devices are all inspected. Model and serial numbers are recorded and filed in the event that future repairs are required to any of this equipment. We would make regular inspections of the grounds and buildings to ensure all contract labor is being completed satisfactorily. In addition, we would advise on outstanding repairs, maintenance, and improvements. Maintenance that is performed on your property is handled by self-reliant contractors and not by our company employees. For major repairs and renovations, written estimates are obtained, and discussed with the Executive Committee prior proceeding or budgeting as required. As we are a stuffed service management company we have the necessary resources available to handle a expansive range of repairs and improvements.
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