A strata manager plays a key role in helping developers set up a successful strata community from the very beginning. With expert guidance on everything from reviewing the strata plan to drafting by-laws and creating budgets, they ensure the strata scheme is well structured for smooth operation and sales. Their involvement helps developers avoid common pitfalls and build a community that’s both functional and attractive to buyers.
Setting up the right systems from the start makes ongoing management much easier for the strata scheme. Getting a strata manager involved early in the development process ensures a smoother experience for both developers, future owners and future strata managers. Their expertise helps create a well planned, legally compliant, and financially sound strata community that stands the test of time.
Providing input on strata plan design, including lot boundaries, common property allocation, and potential maintenance concerns.
Working with relevant industry professionals to create clear and practical by-laws that set the rules for the strata scheme.
Assisting in setting up an initial budget, including projected levies and maintenance costs, to help with sales contracts.
Checking key legal documents—like the strata plan and disclosure statements—to ensure accuracy and compliance.
Supplying the necessary information for pre-contractual disclosure statements for prospective buyers.
Helping with the handover process from the developer to the newly formed owners’ corporation.
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