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Role of Owners Corporations
Browns can assist you in understanding your role as well your legal and financial responsibilities as a member of an owners corporation. As your management partners our specialist staff will provide advice on how to fulfil the obligations of your role.
This includes developing a plan to:
- manage and administer the common property.
- repair and maintain the common property, fixtures and services.
- take out and maintain required insurance.
- raise fees from the lot owners to meet financial obligations.
- prepare financial statements and keep financial records.
- provide Owners Corporations certificates when requested.
- keep an Owners Corporation register.
- establish a grievance procedure.
It can seem like you have to jump through a lot of hoops, so don’t waste time going around in circles when you can get Browns to set you straight.
For a onsite inspection and accurate quote of your owners corporation requirements please contact us today (click here).
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Role of Owners Corporation Manager
Browns Body Corporate Mgt. work to protect your assets by performing the role of a professional Owners Corporation manager. You need Browns if your Owners Corporation elects to appoint and pay for an Owner Corporation manager. You manager will handle the day-to-day affairs required to meet the legal and financial responsibilities of your owners corporation.
Browns’ managers will perform the duties required by an Owners Corporation manager such as:
- prepare and distribute notices, agendas and minutes.
- attend to correspondence.
- arrange quotations for repairs and maintenance.
- take out and maintain required insurances.
- pay all invoices.
- prepare and distribute financial statements and budgets.
- provide Owners Corporation certificates.
- keep and maintain other records.
- arrange audits and reports required by law.
- prepare and implement a grievance procedures, and
- ensure compliance with the Owners Corporation Act 2006, the Owners Corporation Regulations 2007 and rules.
Talk to Browns today about your Owners Corporation requirements (click here).
Owners Corporation Committees
“We are an active committee and need good support.”
Browns will help establish, support and report to the committee, all owners or to a committee member of your choice.
Browns will advise and support the committee from the day-to-day property management through to major projects.
Talk to Browns today about your Owners Corporation requirements.
Onsite Visits
Yes.
Browns’ managers will visit your property routinely to:
- ensure gardeners, cleaners and other services are undertaking their duties.
- to inspect O.H. & S. and essential services requirements.
- undertake insurance evaluations.
- assist with and inspect major works.
- hold onsite Annual General Meetings.
If your manager has never been on site, or does not know the first thing about your property, then give Browns a call today for a onsite inspection and quote for providing management services to meet your owners corporation needs.
Talk to Browns today about your Owners Corporation requirements (click here).
Administrative and Financial Management
Browns are your Melbourne owners corporation specialists. We take pride in providing exceptional service that gives you peace of mind and protects your assets for the future. As your Melbourne Owners Corporation specialists, Browns provides you with a complete and thorough administration and financial management service with includes:
Financial Management:
- knowledge of, and attendance to, legal requirements, including preparation of transfer of ownership.
- preparation of Agendas and Financial Statements for Annual General Meetings (AGMs).
- provision of an Owners Corporation Certificate.
- attendance at AGMs, preparation of minutes, financials and venue hosting.
Accounting and record keeping:
- collection and processing of Owners Corporation fees, unpaid fees and levies.
- payment of accounts.
- provision of current financial statements.
- preparation of an annual budget based on historical costs and forecasts.
- handing and processing GST and other taxation issues if applicable.
Talk to Browns today about your Owners Corporation requirements (click here).