Body Corporate Treasurer Responsibilities
In a Body Corporate, a new Committee is elected at each Annual General Meeting by the Lot Owners. This Committee is responsible for the administrative and day-to-day running of the community, including making decisions on behalf of Lot Owners, and enforcing lawful decisions of the Body Corporate. Committees are comprised of three executive members – […]
Owners Corporation Chairperson Responsibilities – NSW
In an Owners Corporation, a new Committee is elected at each Annual General Meeting by the Lot Owners. This Committee is responsible for the administrative and day-to-day running of the community, including making decisions on behalf of lot owners, and enforcing lawful decisions of the Owners Corporation. Committees are comprised of three executive members – […]
Body Corporate Chairperson Responsibilities
In a Body Corporate, a new Committee is elected at each Annual General Meeting by the Lot Owners. This Committee is responsible for the administrative and day-to-day running of the community, including making decisions on behalf of Lot Owners, and enforcing lawful decisions of the Body Corporate. Committees generally consist of three executive members – […]
Insurances for Resident Unit Managers
Recently at an SSKB managed scheme the Resident Unit Manager fell and was injured as he performed his duties. He was unable to perform his duties for a period of time, incurred medical expenses and suffered a loss of income. He thought his insurance policy would cover this but as he found out, it wasn’t […]
Owners Corporation Roles and Responsibilities You Need to Know – NSW
Every Owner of a lot in a strata scheme is automatically a member of the Owners Corporation. The Committee is made up of volunteer Owners from the Owners Corporation. Owners Corporation The Owners Corporation is made up of all the owners in a strata scheme. When you buy a property in a strata scheme, you […]
Body Corporate Roles and Responsibilities You Need to Know – QLD
Every Owner of a lot in a community titles scheme is automatically a member of the Body Corporate. The Committee is made up of volunteer Owners/Representatives from the Body Corporate. The Body Corporate Legislatively, Bodies Corporate performs a limited purpose. They must: Administer the common property and the Body Corporate assets for the benefit of […]
Is your Building Insurance Valuation up to date? – QLD
In Queensland, we have been experiencing some wild weather this summer season. It is important that your building has an up-to-date insurance valuation and has sufficient cover in the event that your Body Corporate is required to make a claim due to the aftermath of storm season or any general insurance claim is required. Property […]
What is a Body Corporate Sinking Fund? – QLD
When it comes to sinking funds, we have heard it all. From “why do I need a sinking fund, my building isn’t sinking” and I guess you can imagine the rest! If we weren’t in the Strata industry, chances are we would have thought similar things. In this article we will share all you need […]
What is a Capital Works Fund? – NSW
If you live in an Owners Corporation in New South Wales, your scheme will be required to have a Capital Works Fund. The money in a Capital Works Fund can be spent on several different things such as: major painting to common property; basement car park marking; repair concrete roadways and driveways; replacement motor to […]
Hassle-Free Strata Management with SSKB Innovations – QLD
Technology makes things quick, easy to access, and allows us to connect with others anywhere in the world. That is something we wanted to provide for the clients of SSKB – hassle-free strata management that is quick, simple, accessible and allows you to get back to enjoying your strata living. Throughout the past 2 years […]