What is a Strata Manager?
A Strata Manager helps manage a strata scheme or multi-unit complex for the owners’ corporation. A Strata Manager’s job is to handle tasks for the property’s day-to-day operation.
Here are some of the typical responsibilities of a Strata Manager:
- The Strata Manager oversees the strata scheme’s finances. This includes collecting levies, preparing budgets, managing accounts, and coordinating financial reporting.
- Administrative Duties: The Strata Manager handles administrative tasks such as maintaining records, organizing meetings, preparing meeting agendas and minutes, and managing correspondence with owners and external parties.
- Maintenance and Repairs: The Strata Manager assists with the coordination and oversight of maintenance and repairs within the strata scheme. They work with contractors, get quotes, and make sure repairs or maintenance are done quickly and well.
- By-law Compliance: Strata Managers help enforce the by-laws and regulations of the strata scheme. They can help owners and residents follow the rules and take action if the rules are broken.
- Insurance: Strata Managers help with insurance for the strata scheme and handle insurance claims. They also address potential risks and advise on risk management strategies.
- Dispute Resolution: Strata Managers can help settle disagreements in strata schemes with owners, tenants, or others. They can provide information on dispute resolution processes and may act as a liaison between conflicting parties.
- Laws & Regulations: Strata Managers keep up with laws and regulations for strata schemes. They make sure the owners’ corporation follows the law and give advice on what to do.
The Strata Manager helps the owners’ corporation work with everyone involved in the strata scheme. Their expertise and knowledge help manage the property smoothly and efficiently. Owners can focus on their units while the collective aspects are handled effectively.