Consult the Body Corporate Experts Strata Consultants Melbourne:
As experts in Body Corporate Management we can also assist self-managed owners corporations in the capacity of a strata consultant. When working as strata consultants, we offer support and independent expert advice to those facing a specific challenge or conflict between committee members that cannot be resolved.
It may be a simple issue such as a members lack of input and attendance at meetings, personal differences in opinion, and an unwillingness to compromise for the greater good of the strata. Or, situations that may be more complex and difficult to navigate, such as a member’s hidden financial incentives, a lack of understanding around accounting, legislation and building works.
For a strata consulting fee, we can also guide you on best practice in how to manage the daily affairs, insurance, meetings, collecting and banking fees, maintenance and repair of shared areas, and administration or guide you through the Owners Corporation Act and Model Rules.
Understanding Legislation & Fees
As an owners corporation, you manage the common property of a residential, commercial, retail, industrial or mixed-use property development and you are bound by the Owners Corporations Act 2006. This legislation sets out the duties and powers of owners corporations.
Specifically, according to The Owners Corporation Act an owners corporation must manage and administer, repair and maintain common property, fixtures and services, manage insurance, raise fees from the lot owners to meet financial obligations, prepare financial statements and keep financial records and establish a grievance procedure.