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Body Corporate

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Walker Weir is very proficient at managing Body Corporates and deliver excellent service to all stakeholders. We provide:

Administration

  • Maintain records and make these available for inspection.
  • Convene AGMs and attend Committee meetings if requested by owners.
  • Prepare and distribute Minutes of AGMs.
  • Implement decisions of the Body Corporate and its Committee.
  • Answer communications and correspondence.
  • Maintain the Register of Proprietors, as required by The Unit Titles Act, and keep an updated contact list of all owners in our body corporates.
  • Liaise with local authorities regarding services and town planning issues that may affect the development.
  • Advise clients on all Body Corporate matters. Copies of any Body Corporate related documentation are available upon request.

Insurance

  • Arrange for a registered valuer to prepare annual insurance valuations.
  • Arrange insurance after obtaining quotations and presenting those to Body Corporate members.
  • Pay insurance premiums and lodge any claims.

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Financial

  • Operate separate bank accounts for administration and sinking funds.
  • Calculate, prepare, and distribute invoices for collection of levies.
  • Ensure that all levies, including levies in arrears, are collected.
  • Prepare and make available annual financial statements and reports.
  • Prepare draft budgets.
  • Prepare annual budgets for the running of the Body Corporate and supply reports showing actual income and expenses versus budget income and expenses, when requested by owners.
  • Process and pay accounts as they fall due.
  • Operate sinking fund for future maintenance.
  • Co-ordinate the auditing of Annual Financial Statements for your Body Corporate upon request.

Maintenance

  • Provide ongoing short and medium term maintenance plans.
  • Obtain independent advice regarding future maintenance so appropriate savings can be accumulated in the sinking fund.
  • Request quotes and arrange maintenance work with independent contractors.
  • Manage and negotiate new and existing service contracts. We have established relationships with a number of independent contractors who provide maintenance services at very competitive rates.
  • Carry out regular inspections of and arrange the maintenance of common facilities and areas, such as lifts, fire safety systems and gardens.
  • Ensure all buildings are maintained to a very high standard and that Body Corporate rules are adhered to.

 

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