Responsibilities of the Strata Council
The Strata Council is a duly elected group of individual lot owners. The Council is made up of a Chairperson, Treasurer, Secretary and a number of council members (dependant on size of the Strata Plan). The responsibilities are set out in the Strata Titles Act 1985 in detail.
Some of these responsibilities include:
- Conduct Annual General Meeting correctly
- Conduct Council Meetings correctly
- Take Minutes of all meetings
- Maintenance of the Strata roll
- Establish Expenses Budget for Administrative Fund and Reserve Fund
- Arrange for the collection of strata fees
- Financial reporting
- Debt Collection
- Maintain adequate insurance of common property
- Repairs and maintenance of common property
- Control of common property
- Employment of contractors
- Enforcement of by-laws and house regulations
- Responding to all enquiries
- General day to day running of the Strata scheme
Many Strata Companies decide to enlist the assistance of a Professional Strata Management Company to assume these responsibilities. The employment of a Strata Management Company does not negate the Council's responsibility, the Strata Management Company is only employed to assist the Council who remains ultimately responsible for the running of the Strata Plan. The Strata Management Company is charged with carrying out only those agreed services as per their contract on behalf of the Strata Council.
Strata Management Companies may offer the following services:
- Dedicated staff who make it their business to keep up to date with changes to the Strata Titles Act.
- Dispute resolution processes and expertise.
- Experience in meeting procedures and maintaining associated documentation.
- Expertise in financial control and planning.
- Maintenance of the Strata Roll and associated legal obligations
- Processes in place for the assessment and employment of qualified contractors.
Should you wish to obtain more information or a quote for the employment of a Strata Management Company please contact Care Strata Management Pty Ltd services available for residential, commercial, industrial or mixed properties.