The strata Scheme with all entities
The main duty is to administer , maintain ,control , repair , manage all the areas of the common property for the scheme and to manage the finances and to keep the accounts and to maintain the records and to comply with all the legislations and it may also handle the insurances of the scheme which are involved . The owners corporation follows all this main aspects and the above mentioned works and it comes in the strata scheme management act of the law.
The owners corporation is the one which will do everything to do the running and maintaining the strata scheme and one agent is being appointed for this work and the main corporation will delegate and the function the strata management . The main commencement of the cooperation is the cases which can developer or the builder will be the original owner and also the person is the default and the only owners cooperation until the period begins with the basic strata plan and it is registered and it will end in the one third of the units of the entitlements and which have been sold and to be settled.
The initial period:
The original owner will make sure that the levy the estimates and produce the adequate and the cover with the actual or the expected expenses of the owners and the main factor is the one should take care of the period of the expires and there are some and the legislation and the basically the original owner will make sure that the estimates which are produced which are adequate which will cover the expert expenses.
The original owner’s responsibilities:
The main way is that once the strata plan is registered the main owner will made responsible for the convening and holding the in the initial periods and the irrespective of the whether or not the original owner will still own the lots in the scheme . The original owner must make sure that the projected estimate is very accurate and the tribunal to pass it one and the owners are made to projected levy estimates.
The committee is like that it will control all the aspects of the advice , opinions and the complaints and thought and the ideas of all the owners who are in the scheme and sometimes the ado basis will be impossible to take the take without the some sort of the system which is in the centralized control systems.
The owners corporation is the one which will do everything to do the running and maintaining the strata scheme and one agent is being appointed for this work and the main corporation will delegate and the function the strata management. The main duty is to administer , maintain ,control , repair , manage all the areas of the common property.