Victoria 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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Financial Obligations

Financial Obligations

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Under Australian Tax Law, your strata property must fulfill certain financial obligations. Tax returns Australian Tax Law requires that bodies corporate lodge a tax return for their assessable income in the financial year. The rate and threshold of taxation applied to bodies corporate is the

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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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Your Role as an Owner

Your Role as an Owner

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The four fundamental responsibilities of an owners may be categorized as follows. An owner must- Abide by the Body Corporate and Community management Act, the regulation module and the by-laws Ensure their details are on the Body Corporate roll Maintain their lot and any exclusive

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The Role of the Committee

The Role of the Committee

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The Committee is the executive arm of the Body Corporate/Owners Corporation. The Committee has the duty of putting into effect the lawful decisions of the strata title. It is a group charged with decision-making power to deal with matters of lesser importance that confront a

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Unwanted Fire Alarms

Unwanted Fire Alarms

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Have you received a false alarm account from your body corporate for an unwanted alarm lately? Why does the owner, occupier or guest receive the bill for the call out by the Queensland Fire and Emergency Service (QFES)? There are many buildings throughout Queensland who

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Unravelling The BMS Puzzle

Unravelling The BMS Puzzle

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If you’re involved in building management of volumetric lots, it’s essential you ask yourself the following questions: Do you know what facilities are shared with the volumetric lots? Are the volumetric lots that share your facilities paying the correct percentage of costs? Does your body

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Getting organised in your strata property

Getting Organised in Your Strata Property Marie Kondo Style

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It has been three months since the hit Netflix show got people to finally organize their lives, here is a bit of a reminder. Tidying up with Marie Kondo stars the Japanese decluttering expert. The more bags of clutter and rubbish that the home owners

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Strata Roles

Strata Roles

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The role of the Body Corporate Manager (BCM) relies heavily on building strong relationships with both the committee and the Resident Unit Manager (RUM) or building manager. All play different but important roles in ensuring the smooth and efficient running of your body corporate. A

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Cladding Update

Cladding Update

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The Queensland Government have developed ‘Safer Buildings’ to identify buildings in Queensland that potentially have combustible cladding. In Queensland, the owners of the buildings may be required to register their building and complete the combustible cladding checklist. Who Needs to Register? You are required to

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Your Guide to SSKB- Strata Resources

Your Guide to the SSKB Website and Strata Resources

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Client Portal. As a lot owner in an SSKB managed building, you have access to the SSKB portal. The portal is a one stop shop for documents and information relating to your body corporate/owners corporation and Strata resources. It consists of specialised features that enable

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Interior Design Inspiration

Interior Decoration Ideas – Pantone colour of the year

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They say change is as good as a holiday. So what better place to create a change than in the place you spend most of your time, your home. Perhaps a change of interior colour might be the ticket that you need. Pantone Colour of

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SSKB Strata Managers welcomes guest author Kimberley Lundberg from IAGB to talk landlord insurance.

Landlords Insurance in a Strata Complex

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Guest post by Kimberley Lundberg from Insurance Aid General Brokers If you own and rent a unit or lot in a strata managed complex, you might be tempted to think that the insurance your body corporate pays on your behalf (Strata Insurance) will protect you

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SSKB Strata Managers takes a look at Strata Loans

What Are Strata Loans?

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There are times a Body Corporate or Owners Corporation needs extra funds for emergency repairs or some unexpected major remedial works. Ideally there will be enough money in the Sinking Fund (also known as a Capital Expenditure or Maintenance Fund) to cover the work, but

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SSKB Strata Managers encourages communities to be storm-wise this summer

Now’s The Time To Be Storm Ready

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Australia is now in cyclone season which began on 1 November. So proactive strata communities should consider their storm readiness. The Bureau of Meteorology (BOM) has just announced the first cyclone for the season – Cyclone Owen – although a likely El Nino this year

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