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Ensure Strata Scheme Management with Strata Committee

Strata is comprised of layers of ownership, and you own a small part. At that point there will be aspects of the property that you own ‘jointly’ with others called common property for example external walls, foyers, driveways. An owners corporation manages the common property and the owners contribute to maintenance via levies. The strata committee is an elected body that acts as the Owners Corporation’s representative in the real world. They have responsibility regarding the day to day functions of the Owners Corporation. The committee is generally made up of owners but can include company nominees, and other non-owner nominations. Generally, there are 3-5 members but can be up to 9 for larger strata schemes. There are three essential roles, each defined under the strata laws: Chairperson, Secretary, and Treasurer. A strata manager is an individual contracted as an agent for the Owners Corporation. The Owners Corporation appoints him or her at a General Meeting under an agency
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Top Benefits of Hiring Strata Management Services in Sydney

The professional strata companies in Sydney are striving to exceed the expectations of their clients when it comes to own a strata apartment or lot. These service providers can work to assist you in finding a suitable lot under the strata property scheme that you can own along with the common property. By purchasing an apartment in strata, you can also enjoy the ownership of common property that consists of swimming pools, gymnasium, driveways, gardens, lifts, and exteriors of the building. A strata company will provide you with the management services in lieu of paying levees or fees for insurance, maintenance, and repair of common property. Here what services a strata company can provide you as a member of the strata community: Administration Services: The strata companies in Sydney are professionally competent to provide their strata committees with the ability to focus on the important decision rather than involving in the routine matters. They can offer you with the right admin
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Roles and Responsibilities of Strata Authorities to Act on Behalf of the Owners Corporation

Under the Strata schemes management act 2015, you are permitted to form a strata committee by electing a chairperson, a secretary, and a treasurer among the owners of strata apartments. A committee or board is responsible to act on the behalf of Owners Corporation for the interests of members and to make important decisions for day to day strata schemes. As an authority of the strata board you should appoint a reliable, qualified, and experienced strata manager who can assist you with key management activities related to the committee and also support you to work for important tasks relating to the development of the scheme and for maintenance of the building. Becoming a responsible authority in the strata committee is really a moment of proud for you and it is also a life-changing decision. As an authority, you should work for the welfare of the owners and also need to take important decisions for the building or common properties that come under the strata scheme. Before holding t
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Know How to Make Strata Renovations Easy and Simple

Want to renovate your apartment or unit? Make sure you get approval from strata before starting renovation work in Sydney. While living in a strata building has numerous benefits, it can also make some aspects of property ownership a little confusing. If you want to renovate your unit or apartment, you will first need to obtain strata approval for renovations before you start swinging a hammer. Renovation can be complex and time-consuming exercise at the best of times, but it can be even more complicated when you live in a strata-titled property. Not only will you require to take into account the needs and complaints of neighboring properties, however, you will also need to get approval from the owners’ corporation before work can begin. Owners’ corporation approval is needed because the work could affect the appearance of the structure and could also cause disturbances to your neighbours. Under most strata plans, you own the inside of the apartment, but not the structure of the
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Value Your Investment with Strata Committee Meetings

The owners corporation needs to elect a strata committee and then can designate some of its functions to this committee. The strata committee's role is to settle on faster decisions on the day-to-day issues and management of the scheme. Any decision made by the Strata Committee is treated as a decision of the owners corporation. Strata committee members are responsible for electing office bearers - Chairperson, Secretary and Treasurer. This normally happens at the first committee meeting after the annual general meeting. Strata committee meetings can be held as regularly as the members like, the Secretary can call a meeting or one third of the strata committee members can ask the Secretary, or any other committee member, to arrange a meeting. Every member of the strata committee, and every lot owner, should be informed of a planned Strata Committee Meeting at least 3 days before the meeting is due to be held. The notice of the meeting must include a detailed agenda for the meeti
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Find Effective Strata Committee Meetings in Sydney

The strata committee represents owners or owners' nominees. The strata committee is responsible for the day-to-day running of the strata scheme and is elected at each annual general meeting (AGM). It can have from 1–9 members, but in a two lot scheme both owners must be members. A large scheme (more than 100 lots) must have at least 3 members of its committee. Once the Strata Committee is elected, the members of the committee choose who is to hold the office-bearer positions. The office-bearer positions are Chairperson, Secretary and Treasurer. The following are eligible for election to the strata committee: An owner A company nominee of a corporation that is an owner An individual who is not an owner, but who is nominated by an owner who is not standing for election. If a vacancy occurs during the term of the Strata Committee, the Owners Corporation must appoint an individual to fill the vacancy until the next AGM. Co-owners can only be nominated by: An owner who i
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