Quality community strata management
In a strata retirement villages, residents who own a unit pay strata levies to the Owners Corporation and recurrent charges to the village operator.
Strata levies cover the cost of managing and maintaining the common property in the strata scheme and administering the scheme.
Recurrent charges cover services provided by the village operator, such as an emergency call system, advertising, and the village bus and auditing of the village accounts.
Strata levies are set by the owners each year at the annual general meeting of the owner’s corporation. Recurrent charges, on the other hand, are set out in the village contract between each resident and the operator.
A resident is only liable to pay increased recurrent charges if the operator has given notice under Part 7 of the Retirement Villages Act.
We can be reached at 1300 033 947 or emailed at [email protected] if you have any questions.
See the Strata & Co. Difference
Strata & Co. prides itself in providing the most comprehensive residential strata management services throughout Sydney. Our motto is “Strata made simple” because we aim to have complete transparency in our dealings.
Our fully licensed team are eager and ready to work to manage your strata scheme properly. With unmatched services available, you know that with Strata & Co., you are getting the finest and best-priced services.
Our approach is proactive and friendly, ensuring that your customised needs are met because we know that no two buildings are the same.
Quality Strata Management
Not only are all our strata managers fully licensed, but they are also local. We understand not only the needs of the building but also the lifestyle of the Sydney area.
No matter what your strata scheme challenges are, Strata & Co. can expertly lead you through the processes. Whether its maintenance or filling forms, administration jobs or even assisting with disputes, we have you covered.
No other management company provides the same level of extensive services like us. We do it all, and we do it well!
Support you can rely on
Our goal is to ensure we make strata simple. With a wide range of responsive support channels, you are never left in the dark.
We offer 100% transparency and have no hidden fees. With multilingual options available we can get through to anybody. Receiving support is essential and we pride ourselves on being quick and effective. We are strata managers you can trust.
We're committed to you
Here at Strata & Co. our dedicated and qualified team is committed to providing the best and most inclusive services around.
Our modern technologies allow us to stay ahead of the competition and effectively supply up-to-date information.
Our involvement in various community programs such as RUOK, the starlight foundation and autism awareness Australia not only help the programs but also help us stay connected to what really matters – Australians. We take this serving approach into everything we do, especially our strata management.
How we can help
Our retirement village strata management services are the most all-inclusive you can find in Sydney. With us, you’re guaranteed up-to-date information and systems that allow you to worry less and live more. When you work with us, you know you are getting high-quality management. You won’t be left in the dust or surprised with fees as we communicate reliably and speedily. No two strata are the same, and we offer customisable options tailored to your needs to maximise efficiency and effectiveness. Whether it is insurance, meetings, finances, or emergency maintenance, we cover it all with our strata management.
Accounting Services
Accounting services
- Establish and maintain the trust account
- Issue levy notices
- Monitor and arrange for recovery of levy arrears
- Pay invoices on behalf of Owners Corporation (e.g. for water charges, council rates and maintenance)
- Pay disbursements and expenses incurred in connection with Agent’s management of Strata Scheme
Insurance
Insurance
- Arrange insurance valuation as required
- Obtain quotes for insurance renewal
- Submit quotes to Executive Committee and renew insurances (according to instructions)
Secretarial
Secretarial
- Maintain strata roll and minute book
- Maintain correspondence file
- Record and retain notices under sections 118, 119 and 120 of the Act
- Issue minutes of delegated performance
- Maintain common seal
- Attend to routine written and oral communication
Meetings
Meetings
- Prepare and distribute notices of Annual General Meetings
- Attend Annual General Meetings and concurrent executive committee meetings
- Prepare and distribute minutes of Annual General Meetings
- Arrange for venue for meetings if required
By-Laws
By-Laws
- Answer queries from the executive committee about by-laws.
Executive Committee Meetings
Executive Committee Meetings
- Prepare and distribute notices of executive committee meetings
- Attend executive committee meetings held during office hours
- Attend executive committee meetings held outside office hours
- Prepare and distribute minutes of meetings
Extraordinary General Meetings
Extraordinary General Meetings
- Prepare and distribute notices of Extraordinary General Meetings
- Attend Extraordinary General Meetings held during office hours
- Attend Extraordinary General Meetings held outside office hours
- Prepare and distribute minutes of Extraordinary General Meetings
Repairs and Maintenance
Repairs and Maintenance
- Arrange building inspections and reports
- Arrange for appropriately qualified contractors to undertake routine repairs to and maintenance of the common property and/or specified owners corporation property provided that any expenditure incurred by the agent on such matters without obtaining the approval of the owners corporation does not exceed $1,000.00
Insurance
Insurance
- Prepare and lodge non-routine insurance claims
- Claims administration and other activities involved in minimisation of loss, liaison with loss adjustors and other related activities
Accounting
Accounting
- GST related activities (including checking tax invoices, supplying ABN details and BAS preparation and lodgement)
- Additional financial reports or reports prepared to specific requirements
General
General
- Serve notices to comply with by-laws
- Prepare and issue notices under section 45 of the Act for breach of the by-laws
- Represent the owners corporation in tribunal or court proceedings
- Preparation and lodgement of applications for mediation, adjudication, tribunal orders, briefing lawyers and/or relevant attendances
- Arranging drafting of by-laws, amendments to by-laws and/or by-law reviews
Extra Services
Extra Services
Extra services resulting from an on-site residential manager or caretaker ceasing to perform services.
- Arranging maintenance and repairs
- Authorising invoices
- Maintaining key register
- Arranging security and concierge services
- Arranging building services
- Arranging access for contractors
- Arranging building certifications
- Managing a greater volume of inquiries from occupants
Find out how much you can save
HOW TO CHANGE STRATA MANAGEMENT COMPANIES
Firstly, make sure to carefully read your current provider’s contract. Then, based on the termination data or date voids in the contract, you will need a new provider. Give us a call for a quote and discussion about how we can help you. You can tell us what is your strata needs and we can provide even more details about the services we offer.
If you have any upcoming meetings, think about adding the cage to the agenda. If not, be sure your previous strata provider issues notices. And then, upon formal concusses and signed documents, your strata management will be changed. Feel free to give us a call and begin the process of improving your strata today. It may be one of the best property decisions you’ll make.