Consultation with all stakeholders from initial planning to delivery of the registered scheme is key to the success of a body corporate from registration of the plan.
In order to facilitate this delivery, our body corporate managers work with the developer from initial conception and encourage meetings with all stakeholders to determine best practice outcomes including but not limited to the following –
Pre-Registration
- Advise on titling options
- Arrange consultants where required and attend project meetings
- Review all plans to ensure that initial budgets are realistic and meet market expectations
- Prepare initial administrative fund and sinking fund budgets
- Arrange indicative premium estimates for budgeting purposes
- Prepare contribution and interest schedule lot entitlements for lots in the scheme
- Advise on by-laws for the scheme that include best practice by-laws relevant to the development
- Obtain fee proposals from appropriate industry professionals to prepare a Replacement Valuation for insurance purposes and a Sinking Fund Forecast, required to be delivered to the new body corporate by the developer
Post Registration
- Arrange for placement of strata insurance as required by legislation on behalf of the developer
- Convene and attend the First Extraordinary General Meeting
- Establish all books and records required by legislation on behalf of the developer
- Establish and operate bank accounts in the name of the body corporate
- Prepare certificates for settlement of the sale of lots
- Provide ongoing management with a solutions-based philosophy
Do you have a question? Do you need advice? Contact us at one of the contacts below
07 5591 6849
manager@stratasphere.com.au