Property Developer Services
Rosen & Co has the necessary technical expertise and experience to offer advice on the establishment of a successful strata community. In this respect there are a myriad of administrative, financial and operational matters that require attention prior to the registration of the strata plan.
A professionally structured strata plan should enhance developer reputation, buyer appeal and ultimately facilitate a more harmonious living environment. Importantly also, it should free the developer of being drawn into acrimonious disputes and the need to engage in any unnecessary ‘post settlement’ rear guard action – with an eye to strata management our expert advice can range across planning to final settlement and handover – this may involve the following:
- Concept
- Concept planning including titling,
- Estimating a preliminary draft budget,
- Estimating lot holder levies (important for the sales team),
- Advice about structuring by laws.
- Preparing point of sale material for the marketing team, and
- Tendering for building services including the building manager, cleaner, lift, HVAC, security etc.,
- Availability for project launch events including fielding buyer enquiry about the proposed strata plan.
- Obtaining quotes for insurances & arranging cover,
- Establishing files & records in accordance with legislation requirements,
- Preparing the buyer ‘welcome pack’ (for solicitors to provide at settlement),
- Finalising the initial budgets for the administrative & capital works funds,
- Refining the estimate for lot holder levies, and
- Chairing of the Inaugural meeting.
- Ensure the building manager is properly set to work,
- Facilitating the preparation of S184 Certificates,
- Ensuring all contractors are properly set to work, and
- Planning for the first annual general meeting.
- Ensuring meeting protocols are in accordance with legislative requirements including the election of committee members,
- Receive the handover of all documents from the developer, and
- Arrange the signing of contractor agreements / other agreements with the Strata Committee.