Self-managing an Owners Corporation without a Strata Manager
Self-managed properties are typically 2 to 5 lot blocks of units where the unit owners aim to save money by delegating management tasks from one to all unit owners. Institutes, strata managers and others may recommend a minimum strata management charge for minimum set duties. For example, $2000 shared between 4 lots could be seen as expensive, and members may try to self-manage.
Although this may work in the short-term, many self-managed owners corporations find it hard to remain legally compliant, handle large maintenance projects, and resolve disputes.
Self-managed buildings typcially ask for a management quote when:
- a critical member has to leave their owners corporation duties,
- a dispute becomes unresolvable,
- major projects are required,
- to ensure legal compliance, or
- for any other reason
Ace Body Corporate Management understands that small blocks with an owners corporation would like to save money and self-manage, so feel free to use our state information bank to assist you in your management duties. We suggest that you have an executive committee in place and organise regular meetings to properly discuss issues, disputes, and to make resolutions.
If you do require a professional strata manager, you can find your local Ace strata manager by using the Branch Locator and searching by suburb.