The importance of having a Professional Body Corporate Manager acting as secretary

The Professional Body Corporate Manager understands the Unit Titles Act, Proprietors and the Body Corporate powers and obligations.

When we manage your body Corporate we keep proper files which are essential for:

Paying insurance and other accounts on time

Collecting levies

Maintenance repairs and associated responsibilities (quotes etc)

Providing section 36 certificates as required

Management of Bank Account

Reconciliation and Annual Accounts

Calling the Annual General Meeting

Recording of Minutes

Valuation purposes

Problems that can arise from not having a Professional Independent Body Corporate are reported to us as follows:

The property is under insured or heaven forbid, not insured at all – and we promise you, it happens

The property’s water rates are 2 years behind

A Proprietor gets behind in payment of their levy and this goes unchecked. The other Proprietors have to fund any overdraft fees that occur as a result

The secretary who has been so good in the past – sells.  The responsibility falls into inexperienced hands or for a period is nobody’s responsibility and problems start to multiply

Personality indifference’s between occupiers disrupt the affairs and obligations of Body Corporate

The Secretary is on holiday when your Solicitor asks for the Section 36 Certificate to complete the sale of your Unit or the statements don’t show a true record of what has been paid

The Secretary is unavailable when a problem arises or is uncertain of what action to take

Calling of the annual meeting is overlooked

… and you may have some of your own stories.

If you would like to discuss the management of your body corporate further please contact us and we will discuss your options further.