Owners Corporation
Owners Corporation Management is a specialised field.
LR Reeds Owners Corporation managers all have a comprehensive working knowledge of the Owners Corporations Act 2006 and the Owners Corporations Regulations 2007. This knowledge saves you time and ensures that the management of your Owners Corporation is in expert hands.
As well as the knowledge of the relevant Acts, Owners Corporation Management requires an understanding and application of legal, accounting, insurance and building disciplines along with the skills of organisation and people management.
Save time and increase convenience and confidence with LR Reed
LR Reed offers outstanding professional management by bringing together a wealth of experience in all facets of Owners Corporation Management under the one roof.
Our comprehensive service and attention to administrative details includes:
1. Convening and chairing general meetings as required.
2. Providing a central and accessible venue for meetings.
3. Compiling and publishing minutes of meetings and forwarding them to all owners (thereby acting as secretary to the Owners Corporation).
4. Taking action to implement all resolutions reached at meetings – from inception through to completion.
5. Arranging for the election of office bearers and the conduct of ballots.
6. Obtaining all necessary insurance and handling all Owners Corporation insurance claims.
7. Handling the finances of the Owners Corporation, including the issuing of accounts for member contributions and levies, receiving money and maintaining bank accounts.
8. Preparation of the administration fund budgets for each financial year as well as preparation of the annual statement of income/expenditure and balance sheet.
9. Issuing of legal documents required by Owners Corporations, such as Owners Corporation Certificates plus advising on compliance with legislation.
10. Validation and prompt payment of invoices from contractors and trades people.
Premium Owners Corporation Management that goes beyond administration
Some Owners Corporation Managers see their role as purely administrative. However at LR Reed we understand the benefits of a “hands on” approach. We roll up our sleeves to ensure we know as much as possible about your property, committee, residents and all other key stake holders.
Our clients appreciate the friendly professionalism and keen interest of our management team. We see our role as making your life easier and ensuring your property investment brings you fruitful rewards.
The premium level of Owners Corporation Management provided by LR Reed includes:
1. Communicating with the committee about works in hand as well as the queries or concerns of each committee member.
2. Giving prompt attention to owners, residents, estate agents, solicitors and local councils.
3. Obtaining competitive quotes on which to base all Owners Corporation expenditure decisions.
4. Monitoring funds- including pursuing monies owed and being aware of the current financial status of funds at any given time.
5. Providing experience and knowledge of all types of repairs, maintenance, and modern technology to owners and the committee.
6. Conducting frequent property inspections and as necessary, instructing reasonable, trustworthy and skilled tradesmen and contractors.
Comprehensive and continuous protection for your investment
LR Reed will ensure continuity of the administration of the Owners Corporation regardless of the number and frequency of the sale of lots in the subdivision, or the change of residents.
The protection and growth of your investment, along with providing a safe and mutually beneficial environment for residents are the two top priorities of our Owners Corporation Management.
Please contact us (LINK TO CONTACT) so we can discuss the specific needs of your Owners Corporation.
