Strata Management
PRD Strata Norwest – Sydney NSW
We specialise in the set-up and management of Residential, Commercial and Industrial Strata & Community Schemes. Currently we manage complexes from the Central Coast to Taren Point. We provide a comprehensive service for developers from the initial concept stage including assistance with by-laws, insurance and budgeting through to the establishment and ongoing management of the Owners Corporation.
View our CORPORATE PROFILE - STRATA MANAGEMENT
Developers Include:
Capital Corporation, Valad Property Group, Charter Hall, Stockland, Leighton Properties & Platino Properties
Building Value:
In Excess of $2 Billion
Strata Management Director:
Strata Payments
What We Do
- Act as Secretary
and Treasurer of the Owners Corporation and exercise and perform the powers and
duties specified in section 22 and 23 of the Strata Schemes Management Act,
1996 (including rendering six monthly levies and statement of account for
monies received and expenses incurred on behalf of the Owners
Corporation).
- Arrange as
required by the Owners Corporation normal day-to-day maintenance, repair and
replacement of the common property and personal property vested in the Owners
Corporation, but excluding any special attendance at the building for this
purpose.
- Inspect the
building and other common property on at least 2 occasions in each year.
- Arrange and
attend the Annual General Meeting and one other meeting (either general or
committee) during any yearly period.
- Act (upon
request by, or in the absence of, the Chairman) as Chairman of any meeting of
the Owners Corporation or its committee.
- Ensure that
insurances are implemented and promptly renewed in accordance with the Strata
Act and make necessary insurance claims.
- Keep any wage,
income tax or other records required by any law from time to time in respect of
any employees or contractors of the Owners Corporation and complete and submit
any returns in respect thereof.
- Disburse monies
in accordance with the Strata Act and the terms of this Agreement.
- Maintain the
records of the Owners Corporation required by law.
- Prepare as
necessary budgets and reports and keep all records necessary to facilitate such
preparation.
- Provide, so far
as is reasonable, general advice and assistance to the Owners Corporation and
the members of its committee.
- Have possession
and care for the records and documents of the Owners Corporation.
- Implement credit
control procedures in respect of maintenance contributions and advise regarding
records.
- Have custody of
the common seal and attest its affixation for the purpose of exercising or
performing any of the powers, authorities, duties or functions conferred or
imposed by the terms of the Agreement.
- Generally
implement the decisions of the Owners Corporation and its committee.
- Comply with any
laws from time to time applying to Strata Managing Agents.
