A competent strata manager brings professionalism, expertise, and peace of mind to the management of strata properties. They ensure that the property is well-administered, financially sound, and compliant.
Commissioners Corner – Financial Management Part 2 Let’s talk about money. Part 2 In Part One of this series, I talked about body corporate finances and, in particular, the responsibilities of lot owners to pay their levies. Equally, the body corporate and its committee has responsibilities for how they spend body corporate funds and in…
Commissioners Corner: Financial Management Part 1 Let’s talk about money. It’s a subject everyone has an opinion on, and this is also true about finances in the body corporate context. While the Body Corporate and Community Management Act 1997 (the Act) and its Regulation Modules are prescriptive about the process for collecting and then spending…