owners corporation

The introduction of the Owners Corporation Act in 2008 now means an industry which often suffered at the hands of inexperienced managers with little legislation behind them is now more regulated. These changes also saw the name change from Body Corporate Management to Owners Corporation Management.
 
With so many legislative requirements, this area of property administration can be confusing for the uninitiated. This is where Hamton Real Estate Services comes in. Our Owners Corporation Manager is closely involved with all new developments from the ground up, ensuring that all the structures are established in a way that best suits the needs of the future owners.

The day to day duties of an Owners Corporation manager are wide reaching. At Hamton Real Estate Services we prefer to take a ‘hands on’ approach by ensuring our staff physically visits the complex on a regular basis to oversee the condition of the complex as a whole alongside the ongoing maintenance and appearance of all common areas.

Our qualified staff members are there to work through any issues that may arise on a first hand basis. To accomplish this we will attend and (if required) chair all committee and Annual General Meetings, arrange maintenance quotations to be presented to the members for consideration, liaise with contractors, distribute meeting minutes, prepare budgets and fulfill all the necessary legislative requirements. It is all part of providing you with a high standard of professional service.

Maintaining the common areas of a complex can include everything from monitoring the condition of specified window furnishings, paint finishes and changes to the external façade. All are closely monitored by our dedicated team.

Our aim is to maximise the value of the building as a whole, and therefore for your investment within it. The Owners Corporation will also ensure that all applicable insurances are maintained thus safeguarding your investment against the future. Insurances require ongoing assessment to ensure that the level of insurance is in line with current reinstatement costs. Failure to comply with this can be catastrophic for your investment.

Fees and levies are produced within the requirements set out under the Owners Corporation Act to ensure that all financial commitments of the complex are met and thus minimising the potential for financial hardship.

Working closely with the Hamton Group at the development stage of the buildings ensures the correct and most effective Owners Corporation structure is implemented to ensure efficiency and cost effectiveness.

Contact us today about our Owners Corporation services and we will be happy to assist and answer any queries you may have regarding the professional management of your Owner’s Corporation.