General |
- Liaise with, provide assistance to and follow instructions provided by Owners Corporation Manager and Owners Corporation.
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- Keep Owners Corporation records
- Maintain the Owners Corporation register
- Issue Owners Corporation Certificates
- Action received correspondance/ request
- Implement the decisions and instructions of the Owners Corporation with respect to its duties and functions
- Arrange lodgment of Owners Corporation rule
- Attend to Owner
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- Liaise with and provide instruction to Building and Owners Corporation Managers
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Compliance (OC Act, Regulations & Rules) |
- Monitor compliance of Owners Corporation rules by occupiers/visitors & make initial contact with offender in the case of a potential Breach. Escalate to OC Manager if breach not rectified.
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- Provide written advice and guidance to the Owners Corporation on request
- Commence dispute resolution process if Building Manager has escalated a rule breach or an official complaint is received from an occupier/ owner
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- Liaise with and provide instruction to Building and Owners Corporation Managers
- Provide guidance on rule enforcement policy
- Attend grievance meeting
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Insurance |
- Assess Common Property and notity the Owners Corporation Manager or Owners Corporation of any potential risks,
- Source quotations for repairs when and where required.
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- Arrange through the Broker/ Insurer quotations for Insurance renewal and provide to the Committee for review and instructions
- Ensure renewal of the policy(s) prior to expiry
- Provide a summary of claims to the committee of the Owners Corporation at each Committee Meeting
- Arrange valuation of the cost of reinstatement & replacement of the building in accordance with instructions of the Owners Corporation
- Manage insurance claims relating to common areas in accordance with instructions of the Owners Corporation
- Provide instructions to the Broker/Insurer in accordance with Committee instructions,
- Liaise with the Building Manager in regard to risk identification,
- Notify the Owners Corporation and Broker/ Insurer of any risks
- Notify the Owner Corporation and Broker/ Insurer when in receipt of Notices issued by relevant authorities.
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- Review insurance quotations and Broker recommendations and provide instructions to the Owners Corporation Manager within 7 days of expiry date.
- Assess any risks identified by either the Owners Corporation Manager/ Broker/Insurer/Building Manager and provide instructions accordingly
- Review notices issued by relevant authorities and provide instruction to either the Owners Corporation Manager/ Broker/insurer/Building Manager
- Review Claims History and provide instructions to the Owners Corporation Manager about Claims processing
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Financial |
- Review and authorise invoices for payment where required
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- Establish and operate a bank account in the name of the Owners Corporation
- Attend to reconciliation of the bank account
- Keep records of all revenue and expenditure and assets and liabilities of the Owners Corporation
- Manage payment of invoice
- Carry out audits (or engage auditors to) in accordance with relevant legislation.
- Prepare and issue financial statements in accordance with Owners Corporation instruction
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- Review financial statements provided, query where required and or authorise same,
- Provide direction regarding account allocation where required,
- Review and authorise invoices for payment where required.
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Budget |
- Familiarise themselves with repairs & maintenance works budget so to understand restraints
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- Preparation and management of Owners Corporation budget
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- Provide feedback and approve Owners Corporation budget
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OC Fees |
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- Issue notices to Lot owners for fees set and special fees levied by the Owners Corporation
- Collect Owners Corporation fees in accordance with Owners Corporation instructions,
- Manage debt recovery
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- Liaise with and provide instruction to Owners Corporation Managers
- Authorise legal/debt recovery action where required
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Investment |
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- Invest surplus Owners Corporation funds in accordance with Owners Corporation instructions
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- Liaise with and provide instruction to Owners Corporation Managers
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Tax compliance |
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- ABN/GST registration/ deregistration
- Prepare and Lodge tax returns when required,
- Prepare and lodge BAS applications when required,
- Liaise with relevant authorities as required,
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- Review and adopt audited financial statements
- Liaise with and provide instruction to Owners Corporation Managers
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Meetings & ballots |
- Attend meetings (if required by Committee
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- Convene Owners Corporation meetings (Annual General, Special General & Committee Meetings)
- Prepare and issue Notice of Meeting (i.e. meeting agenda and associated documents and distribute minutes)
- Attend and Chair meetings
- Submit Owners Corporation Manager’s report at AGM
- Prepare and conduct Owners Corporation postal ballots and Committee email ballots.
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- Attend meetings
- Make decisions on behalf of the Owners Corporation
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