A strata manager acts as a professional intermediary between the owners corporation and the individual lot owners within a strata scheme. Their primary responsibility is to administer and oversee the day-to-day operations and legal obligations of the strata scheme. Here are some key aspects of a strata manager's role:
a. Administrative Duties:
Organising and conducting meetings, including Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs).
Maintaining records and ensuring compliance with legal requirements.
Preparing and distributing meeting agendas, minutes, and other relevant documentation.
b. Financial Management:
Collecting levies and managing the strata scheme's financial accounts.
Preparing budgets, financial statements, and managing financial transactions.
Engaging with auditors and overseeing financial audits.
c. Compliance and Legal Obligations:
Ensuring compliance with the Strata Schemes Management Act 2015 and related regulations.
Providing advice on by-laws, governance, and dispute resolution processes.
Managing insurance policies and claims on behalf of the strata scheme.
A building manager or caretaker, on the other hand, is responsible for the day-to-day maintenance and operation of a specific building within a strata scheme. Their primary focus is on managing the physical aspects of the building and providing services to the residents. Here are some key aspects of a building manager/caretaker's role:
a. Building Maintenance and Repairs:
Overseeing the maintenance and upkeep of common areas, such as lobbies, elevators, and recreational facilities.
Organising repairs, inspections, and maintenance work as required.
Addressing resident concerns related to building maintenance and repairs.
b. Resident Services:
Assisting residents with inquiries, complaints, and requests.
Managing access control systems and security measures.
Coordinating waste management and cleaning services.
c. Facilities Management:
Managing service contracts, including cleaning, landscaping, and security services.
Monitoring and maintaining equipment, such as HVAC systems and fire safety measures.
Implementing health and safety protocols within the building.
While both roles are vital in the management of strata schemes, it is essential to recognise the distinction between a strata manager and a building manager/caretaker. A strata manager focuses on administrative and financial aspects, ensuring compliance with legal requirements, while a building manager/caretaker is responsible for the day-to-day operations and maintenance of the building. By understanding the unique responsibilities of each role, strata scheme residents and property owners can better engage with the relevant professionals and ensure effective management of their properties.
Disclaimer: This blog provides general information and should not be considered legal advice. Specific roles and responsibilities may vary depending on individual strata schemes and agreements. It is advisable to consult legal professionals or relevant industry experts for precise guidance regarding specific strata management matters.