Strata managers have the sole responsibility of ensuring that the shared property in apartment buildings is managed well. They ensure that the shared facilities are under smooth operations on a daily basis, and any issue that may arise can be quickly resolved.
Their job includes taking care of several aspects of the shared property, from maintaining the shared facilities to handling finances, as will be discussed in this article.
The hidden roles of strata managers on the Gold Coast
– Maintenance of common areas
In an apartment building, certain facilities are used by all the owners that live within that building, such as gardens, pools, car parks and elevators. Strata managers ensure that these places and facilities are kept in perfect condition to ensure smooth daily operations. Some ways of achieving smooth operations include regular cleaning, repair and maintenance services. The strata manager ensures that all the repairs are done quickly to the convenience of the owners.
– Managing finances
It is the responsibility of the strata manager to go around the apartment to collect levies from owners that can oversee various costs involved in managing the shared property. The levies are used to pay for management, maintenance and repair costs. Also, they ensure that the insurance costs are met in time to avoid having invalid covers or getting penalised for late payments. Strata managers ensure that they carefully budget for this money to ensure that everything within the building is running smoothly. Strata managers also set aside some money for any emergencies that may arise. Keeping a keen eye on financial matters ensures that there are no financial shortfalls that could affect property maintenance and upkeep.
– Organising regular meetings
Strata managers are in charge of organising regular meetings with the owners to discuss crucial matters concerning the shared property. The meetings give the owners a platform to air their concerns and set the ground for the manager to inform the owners of the upcoming repairs or changes to the bylaws. The manager sets the agenda for every meeting and oversees the discussions while noting down the points that have been agreed upon by the owners. Such meetings provide a platform to resolve problems among owners and also inform everyone about the state of the property.
– Resolving resident disputes
Living in a shared property sometimes brings conflict between the owners that should be resolved immediately. Owners may disagree over things like noise levels, parking spaces and other shared facilities. These issues can interfere with the harmony of the entire community and the strata manager has to step in and ensure that the owners find lasting solutions to these problems. They do this by reminding the owners of the passed property rules which are mandatory for everyone to abide by. Any owner who breaks these rules should be called forth in the meeting to apologise and possibly pay some fine for their behaviour.
Strata managers have huge responsibilities to ensure that the shared property in an apartment building is well maintained and running smoothly daily. They ensure that the finances are well managed, organise regular meetings to discuss the state of the property and resolve disputes among the owners. Starta managers help owners within the building to set property rules and enforce those rules so that anyone who breaks them can be penalised. This ensures a harmonious living community. More information available at https://stratasphere.com.au/.