Strata Tips Archives - SSKB - Strata Managers | Community Experts
Why You Need A Sinking Fund

Why Do You Need a Sinking Fund?

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One of the benefits of living in a Body Corporate is the fact that everyone contributes to the future upkeep of the property. This is done through regular savings. What is a sinking fund? A Body Corporate’s sinking fund is effectively a deposit which exists

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NSW Resident Dispute Leads to $120,000 For The Chairperson of the Strata Committee

NSW Resident Dispute Leads to $120,000 For The Chairperson of The Strata Committee

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The story below was published by The Sydney Morning Herald on 22 May. It refers to an owners dispute that has had real and financial consequences for the parties involved. It is a timely reminder that strata communities do not exist in isolation to those

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How to join a committee

How to Join a Committee – QLD

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The body corporate committee is the bridge between the building title and the body corporate managers being responsible for making decisions on behalf of the body corporate and putting lawful decisions of the body corporate into effect. The committee has a maximum of 7 and

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Community Management Statements

Community Management Statements – QLD

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For every Body Corporate, the Community Management Statement (CMS) is a crucial document that sets out the rules for living in that particular scheme. A specific Community Management Statement drafted for the particular Body Corporate assists to minimise disputes if they arise . In Queensland,

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general meetings

General Meetings – QLD

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There are three types of general meetings in Queensland: The First Annual General Meeting (1st AGM) Subsequent Annual General Meetings (AGM) Extraordinary General Meetings (EGM) What are the obligations for the 1st AGM? The Act outlines meeting obligations for bodies corporate. Particular requirements are made

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General Meetings - Vic

General Meeting – VIC

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There are three types of meetings in Victoria: The first annual general meeting Annual general meetings Special general meetings What are the obligations for the first AGM? The first AGM must be convened within six months of the registration of the plan. At this meeting

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Cladding deadline Extended

Cladding Deadlines Extended

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An extension has been announced for the QBCC combustible cladding deadlines. Parts 2 and 3a have been changed. At SSKB we have been working hard and engaging industry professionals to meet the original deadlines. For some committees it is a breath of fresh air to

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Client Solutions

Client Solutions

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In addition to your community manager and assistant community manager, SSKB lot owners have access to our expert Client Solutions Team who are on hand to deal with general enquiries. When you are a client with SSKB, you gain access to our expert client solutions

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Everything You Need to Know About Voting

Everything you need to know about voting

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Who may vote at a general meeting? Only defined voters may vote at a general meeting. A voter for a general meeting is an individual who is entered on the body corporate roll as the owner of a lot or the representative of the owners

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Everything You Need to Know About Common Property

Everything You Need To Know About Common Property

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Common property is the property within the scheme that is not within any owner’s lot. Ownership  While there is no registered owner in the Titles Office for the common property, it is owned by the lot owners as tenants in common in shares proportionate to

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Mortgage broker - financing property

Client Benefits of a Mortgage Broker – Before and After Settlement

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SSKB industry education – connecting you to information and education from the industry leaders in property, finance, insurance, legal, utilities, facilities management and more. Guest post by Peter Cooper from Cooper Financial Connections. The logistics around buying or refinancing property can be overwhelming, even for

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Why do we pay levies?

Why Do We Pay Levies?

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As a Community Manager I am often asked “Why do I have to pay body corporate levies?” Let me start by explaining what actions are taken to create these. Firstly, the Body Corporate and Community Management Act 1997 provides that two funds must be established

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How Can SSKB Benefit Your Building?

How Can SSKB Benefit Your Building?

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When changing strata managers there are often situations where previous managers have not kept documentation and finances up to date. At SSKB, we ensure any issues that occurred or are still occurring from your previous manager are rectified immediately. One recent example of this is

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The 2019 Federal Budget

The 2019 Federal Budget and Your Body Corporate

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Last night Treasurer Josh Frydenberg’s brought down his first budget, promising personal & small business tax relief on the back of the first budget surplus in 12 years. Mr Frydenburg’s has promised small businesses that their tax rate will be lowered to 25 per cent

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Changing Community Managers

Changing Community Managers

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It is important to make sure the right body corporate manager is appointed for each scheme. Many lot owners think it is difficult to change managers when in fact, SSKB can make the process very easy for you. We take care of the change over

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