Strata Managers are property professionals who are responsible for the administration of multi dwelling units. In South Australia they are also commonly known as body corporate managers due to the presence of multiple pieces of legislation with both the Strata Titles Act 1988 and the Community Titles Act 1996 running concurrently.
The strata manager is responsible for ensuring that body corporates follow their relevant legislation and carry out their duties in accordance with that legislation to maintain the common areas; that is, maintain the areas that exist for the benefit of all owners and not specifically for one owner.
Strata managers are not property managers, caretakers or real estate agents, their role is to work with the owners and their appointed committee toward achieving decisions that protect, maintain and enhance the property for the majority of owners while taking away much of the stress and work associated with this from owners.
The work carried out by the Strata manager is generally administrative in nature with the manager performing the functions of the secretary and treasurer of the corporation (but not holding these positions in name) along with legislative advice and enforcement of the rules of the property in the form of articles or by-laws.
A strata management company is paid a set management fee which is agreed by a meeting of owners when appointing the manager and this is a portion of the levies contributed by owners toward the administration, insurance and maintenance of the property.
As legislation becomes more complex and life gets busier more and more owners are seeking the services of experienced professional managers.
If the time has come for your corporation to appoint a manager or seek a fresh change please call the friendly team at Strata Management SA on 8350 5699 to discuss your requirements and how we can help.