Strata Management Services
TCM Strata specialises in the management of strata-titled schemes, working closely with a diverse range of stakeholders, including owner-occupiers and investors. We recognize that every strata community is unique, and we tailor our services to meet the specific needs of our clients, providing the tools and guidance necessary to navigate legislative requirements and make informed decisions.
Our role is to advise and assist, ensuring our clients receive the support and guidance they need.
Explore the core management services TCM Strata offers:
Secretarial
- Prepare meeting notice and agenda for annual general meeting
- Convene annual general meeting
- Prepare and distribute minutes for meetings
- Call for nominations for the committee and annual general meeting agenda motions
- Attend committee meetings if required
- Accept and distribute notices on behalf of the body corporate
Administrative
- Pay insurance premiums
- Establish and maintain a roll of lots, entitlements, assets and approvals
- Provide information certificates required by the Act
- Maintain and keep records pursuant to the Act
- Establish, maintain and operate a bank account in the name of the body corporate
Financial
- Establish, maintain and operate an administrative fund and a sinking fund
- Prepare a statement of accounts for each financial year
- Prepare a draft budget for each financial year for consideration at the annual general meeting
- Calculate and issue levy notices to owners
- Receipt and bank levies received by owners into the appropriate fund
- Arrange for payment of service providers and tradespeople
Secretarial & Meeting
- Maintain a roll of owners & tenants
- Attend to routine communications
- Provide information to owners, residents and other stakeholders
- Attend annual general meeting & committee meeting
- Prepare and distribute minutes of annual general meeting & committee meeting
- Source insurance quotes for the owners corporation
- Arrange strata insurance cover as required, with approval
- Hold common seal & records of owners corporation
Accounting
- Maintain the trust account and accounts for the owners corporation
- Prepare reconciled accounts using the cash accounting method
- Manage the administrative and capital works funds
- Prepare budgets for the administrative and capital works funds
- Arrange for capital works plan to be prepared or updated
- Establish investment accounts as required
- Payment of creditor invoices
Repairs, Maintenance & Risk Management
- Arrange for standard work for repairs, maintenance and/or replacement of the property within specified limits
- Arrange building inspections and reports as required.
For further information on the roles, functions and responsibilities of a Strata Manager click here: Queensland | New South Wales
