How healthy is your strata community?
Just like having a healthy diet and exercise in your personal life is important, maintaining a healthy strata community is essential for the continued well being of your investment.
How well is your community managing ……….
Many lot owners find it increasingly difficult to pay their body corporate contributions by due date. In some circumstances the body corporate committee can approve reasonable payment plans to assist owners who find themselves in financial hardship. However, there are a number of pitfalls owners must be aware of before entering into a payment plan.Read more
There is more responsibility than ever on on-site managers to fulfiltheir obligations in relation to the health and safety of workers, occupiers and visitors to the building under the new Work Health & Safety Act 2011. We have identified the 4 main issues for on-site managers , click ‘more’ to find out what they are, and learn how to minimise the risks.Read more
Queensland’s management rights industry is the subject of adiscussion paper released by the former Bligh Government to review aspects of the Body Corporate and Community Management Act 1997. However, you don’t have to accept that decisions which will make a major impact on your life is made by others. You can have a say yourself! Read this article to find out how.Read more
Trouble understanding your balance sheet? Does your mind goes blank when you see the words ‘accrued expenses’, ‘secondary/sundry debtors’, ‘asset’ or ‘liabilities’? You are not alone! That’s why we have created this handly little guide for you, helping you understand everything in your balance sheet!Read more
Every strata community requires regular maintenance and regardless if the money is taken from the sinking fund or the admin fund, it is in the best interest of your community to secure a reasonable price. Check out these 3 secrets on how to cut a good deal for your community’s next maintenance job.Read more
Water leaks leads to water damage, but who is responsible for cleaning up? Is it the owner, occupier, committee, body corporate or building manager who will have to cover the costs? Or, can it be covered by insurance? Read this article to find the answers!Read more