A strata manager is a complete professional who have the knowledge of all the laws and the by laws that surround management of a number of properties. Strata Management provides a 360 degree cover for the needs of a property owner to provide for the owner. There are many simple and complex functions performed by a strata manager. It mostly depends on how consistent the company or the professional is. It also involves maintenance of properties, administration, buying and selling of properties and doing all the necessary paperwork. If we have our own service and have worked with such professionals then we can better understand these needs with a full view of these things. Here are 5 ways in which the strata managers help and property management :
Strata Management Is Wider Term Than Property Management: A strata management undertakes the function of a property manager but at the same time it also does much more. Apart from buying and selling of properties they take a wider function in which they also advise the owners. They have long term concerns.
It involves laws and by laws : A strata manager has to take care of all the laws and the by laws. The bylaws are in the detailed annexures of the books. A strata manager has to save the owner from any legal implication or legal offense happening on the account of the property.
It also consists of daily functions and maintenance: A strata manager is like your best friend when it comes to property. They take care of the properties. They take note and arrange the meetings. They keep a check on the visitors. They are also responsible for its safety.
A Strata Manager Needs Accounting Record Keeping: A strata manager has to take accounting and record keeping as a regular function for the property.
It Is All Legally Binding: Whatever the work is in the scope of the strata is legally binding. All the paperwork and legal work has to be done when it comes to properties.