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Legal requirements for who can practice as a professional Strata Manager differs from state to state. For example, in New South Wales to practise as a Strata Manager, one must be appropriately licensed, However, in South Australia, there are currently no legal restrictions on who can manage Strata and Community titled property. Therefore, it is recommended that if […]
A common question put to Strata Managers, sometimes followed up by “Why are the fees higher in this Strata group when the other group I am a part of is much lower?” We will address the first question first. This may be surprising to some, but it is not the Strata Manager or the Management Committee, but […]
The short answer is, yes you may manage your own strata. But any experienced Strata Manager will always recommend that a group be professionally managed. This recommendation will not necessarily come from a place that is seeking your business, but more so from knowing what skills and knowledge are required to ensure that the collective […]
Stratarama was a finalist in the SCA SA 2020 Small strata management business award
In some instances, a Strata or Community titled group of units may actually be self-managed (being run by the Corporation Members, without any employed Body Corporate Manager. In these instances, the Members are managing the property themselves, so all contact would need to be made to the Corporations Presiding Officer, Secretary or Committee. Where a […]
In what ways does a Strata Manager differ from a Property Manager? In each State of Australia, the services provided or required by management differ in accordance with the individual legislation. We will concentrate on South Australia. To begin with, a Strata Manager is appointed not by one Owner but rather is engaged by a Strata Corporation (a group of unit/ lot owners […]
Cracking in buildings is a very common issue faced by the people of Adelaide and South Australia. The effects and issues arise throughout the property and not simply in Strata Title of Community Title properties. What Is Cracking? Buildings and other constructed structures are moving constantly, yet for the most part, these movements occur at such a slow […]
Owning a strata property comes with certain responsibilities. There is a requirement upon all Strata Corporations that the property is collectively insured for full replacement value at all times. This is a legislated requirement simply to protect each Member of the Strata Corporation, ensuring that the whole site is insured. This is in reference to […]
Strata insurance claims are on the rise annually across the industry based on a variety of reasons. Naturally as the industry total of claims rises, so too does the total costs of claims paid. In order to minimize costs of claims and the number of claims themselves, Owners and Strata Corporations are best placed when they are aware […]
Strata buildings are complex. There are common and individual wiring and pipes throughout the structure of the building. And as with everything, the more you have of anything, the greater the chance of something going wrong. Who pays for the water damages? Is it the lot owners or strata, what types of water damages are there? Types Of […]