There are many barriers to the smooth running of strata schemes but foremost among them would have to be lack of knowledge.
If you add up all the people who think they know what they’re doing but don’t,then include the people who suspect they don’t know what they’re doing but don’t know how to find out, that’s a lot of ignorance which is far from blissful.
And then there are the people who know that they’re doing the wrong thing but don’t care because it works for them.
However, it’s OK; help is on the way. Flat Chat’s principle sponsors Strata Choice are running a series of seminars over the next three months, which they are opening up for free to readers of this website, regardless of who your strata manager is.
The monthly seminars will cover bylaws and breaches, how your committee can run effectively and efficiently, finance and building insurance.
A little knowledge goes a long way in strata and even if you have a pretty good idea that you are on track and just want to make sure you are doing the right thing, go to the Strata Choice website and sign up now – places are limited so get on it, ASAP.
Here’s what they are offering:
April 18: Strata building insurance & managing finance
Strata Choice say their combined building insurance and strata finance seminar is designed to give you a better understanding of the insurance policies affecting the owners corporation and owners, as well as an overview on financial matters in a strata scheme.
Included in this seminar:
- Mandatory insurances the owners corporation must have;
- Optional insurances the owners corporation may wish to include;
- Whether the owners corporation insurance covers inside your apartment;
- Whether you need an insurance valuation;
- The risks of not having the right insurance for the owners corporation, resident owners, and investor owners;
- How contributions are levied for your strata scheme;
- What a capital works fund plan is;
- The management of levy arrears and payment plans.
May 9: The role of the Strata Committee
Strata Choice say this seminar is geared towards Strata Committee members who may have less experience than other members, and would value additional insight into their roles, responsibilities and rights within strata management.
There are a lot of myths and misconceptions about how strata committees work – and how they are supposed to work – and Strata Choice say learning with a reputable strata management company will give you confidence that the information provided is up to date, credible and relevant to your needs.
Because they deal with Strata Committees every day, they are across the areas of greatest concern and relevance, and know what it takes to empower committee members to feel more confident when making decisions in their strata schemes.
Topics covered in the seminar include:
- Meeting conduct;
- The duties and obligations of the Strata Committee;
- The powers of the Owners Corporation;
- The role of the Strata Managing Agent; and
- Issues relating to risk management for Owners Corporations
June 26: By-Laws & dispute seminar
Strata Choice say their By-Laws & Disputes seminar is designed to give you a better understanding of the purpose of by-laws. They cover which by-laws apply to specific schemes, and how and when they are used. The seminar will also look at dispute resolution and how to best deal with by-law breaches.
Topics included in this seminar are:
- General overview of the By-Laws;
- Breach of By-Laws;
- Resolving disputes;
- Notice to comply;
Some of these seminars are a couple of months off but you shouldn’t delay – spaces are limited so log on to the the Strata Choice website and sign up now.