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Strata management, also known as body corporate management, is really a system of managing multi-unit properties such as apartments, townhouses, and commercial buildings. In this system, the property is divided into individual units, each of which is owned by way of a different individual or entity. The normal areas of the house, like the lobby, elevators, and pool, are collectively owned by all unit owners and are managed by a strata management company.
One of the primary responsibilities of strata management would be to ensure that the common areas are properly maintained and repaired. This includes tasks such as cleaning, landscaping, and fixing any structural issues that may arise. Strata management companies are also in charge of collecting fees from unit owners to cover the expenses of these maintenance and repair tasks.
Another important role of strata management would be to enforce the guidelines and regulations of the property. This includes making certain unit owners adhere to the bylaws and rules of the house, such as for example noise restrictions, pet policies, and parking regulations. Strata management companies may also handle disputes between unit owners and help to mediate conflicts.
Strata management
If you own a house that is managed by way of a strata management company, it is important to understand your rights and responsibilities as a unit owner. You should become acquainted with the bylaws and rules of the house, and make sure that you are paying your fees promptly to avoid penalties. It's also advisable to communicate regularly together with your strata management company to ensure that any maintenance or repair issues are addressed regularly.
Homepage: https://flexstratamanagement.com.au/
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