Our Scope of Services
We facilitate and manage the following Owners Corporation services
Secretarial and Compliance
- Arranging, chairing and minuting the annual general meeting and Owners Corporation committee meetings
- Regular reporting to owners on property management issues and financial performance
- Ensuring compliance with property essential services requirements
- Maintaining an asset life-cycle maintenance plan for major capital equipment
- Registering Owners Corporation rules with Land Victoria
- Liaison with real estate agents with regard to tenancy and selling as required
- Ensuring compliance with Owners Corporation Regulations and Legislation, and providing regulatory information support to owners
Financial
- Maintaining and reconciling Owners Corporation operating and sinking fund bank accounts
- Accounts receivable – billing and collection of annual Owners Corporation fees
- Facilitating debt collection activity on overdue fees notices
- Accounts payable – managing contractor and service provider remittances
- Maintaining comprehensive Owners Corporation financial accounts and reporting
- Preparing and submitting quarterly BAS PAYG and GST returns and Annual Income Tax returns to the ATO
- Compiling an annual operating budget for Owners Corporation approval
- Facilitating external audit of financial account for prescribed owners corporations or where requested
Administrative
- Administer caretaking and maintenance of all property buildings, plant & equipment, garden and other facilities
- Arranging building and common property (strata title) insurance and managing claims
- Commissioning periodic building valuations
- Managing and monitoring of all property-related service contracts
- Maintaining a repairs register to track all repair or maintenance activity undertaken
- Maintaining a sales register for apartment sales as a service to owners
- Supporting the Committee in dispute resolution between residents
- Managing resident compliance with Owners Corporation rules
Supplementary Services
- Providing Owners Corporation Certificates for property sales
- Project managing major property improvement initiatives