Strata Management Services

tailored strata packages STM tasmiania
stratum title management tassie
tailored strata management

OUR SERVICES

Strata Management for Tasmanian Bodies Corporate

STM has managed bodies corporate and company title schemes from a Hobart office since 1989. We look after more than 1,700 units across Tasmania: residential apartment buildings and villa unit complexes, factory and office complexes, shopping centres, mixed-use developments and holiday resorts. Every one of them is managed from Hobart by people you can get on the phone. We service Hobart and the south, Launceston and the north, and Devonport and the north-west coast.

We accept no commissions, no gifts and no financial arrangements with insurers, developers or builders. Nobody else is paying us, so what we recommend to your body corporate is shaped by your scheme's interests and nothing else. It is worth asking every manager you speak to whether they can say the same, and asking them to put the answer in writing.

What a standard management package covers

We provide a comprehensive range of duties for established bodies corporate and company title schemes, including:

  • ABN & TFN registrations
  • Bank account establishment and management
  • Maintaining the records of the Body Corporate
  • Preparation of annual Financial Statements
  • Preparation of annual budgets
  • Convening of the Annual General Meeting
  • Issuing of levy notices and follow up of arrears
  • Ensuring compliance with all statutory obligations (such as, but not limited to - building insurance, essential service maintenance, plant equipment registrations)
  • Handling general incoming and outgoing correspondence
  • Co-ordination of minor and emergency work requests
  • By-law compliance
  • Dispute Resolution

The complete scope of our services is dependent on the needs of the Strata Corporation with most areas noted here forming part of our standard duties, whilst some items may form additional services. We strive to work closely with the Strata Corporation to develop a package based on the needs and workload of particular schemes.

Thinking about changing strata manager?

The decision belongs to the body corporate and is normally made at a general meeting, and your current agreement will set out the notice required to end it. A proper handover means the outgoing manager passes over the strata roll, the financial records, the insurance details, the minute books, the plans and any keys or access devices. We will tell you plainly what the handover involves before you commit to anything.

Two things are worth reading first: what body corporate fees in Tasmania actually pay for and what drives them, and the questions we get asked most often. When you want a figure for your own scheme rather than a general one, call 03 6231 2540 and we will go through it.

FOR DEVELOPERS

Supporting Developers Through Every Stage of Strata Establishment

We work with developers from pre-build right through to establishment of the Strata Corporation entity.

This includes:

  • General advice on development of plans
  • Identifying scope and drafting initial budgets
  • Applying for ABN and opening bank accounts
  • Assistance in sourcing maintenance and essential service contract providers
  • Convening the first Annual General Meeting
  • Liaising with new owners into the Strata Community.

Getting a new scheme established properly is considerably cheaper than fixing one that was not. Budgets that were set too low in year one, by-laws that do not suit the building, and a first annual general meeting that was never properly convened all surface later as owner disputes. If you are planning a development, talk to us at the plan stage rather than at settlement. New owners coming into the scheme will also find our guide to buying into a Tasmanian strata scheme useful.

supporting developers strata establishment

DON'T HESITATE TO CONTACT US

Make an Appointment Now 03 6231 2540