providing owners with clear guidance on legislative obligations
Helping Owners Make Informed Decisions On Maintenance Plans
All estates over 50 lots are required under the Owners Corporations Act to implement a maintenance plan, which this estate didn’t have when we were appointed the new strata manager. Rather than simply advising owners that a maintenance plan was legally required, we view it as our role to explain what the plan would involve in practice, how it would affect future budgeting, and why it was important for the long-term upkeep of the estate.
We raised the issue at the first annual general meeting after being appointed and discussed what a maintenance plan covers – major capital items, their current condition, estimated repair costs, and a timeline spanning 10+ years. As part of this discussion we added what it would mean practically for owners, which included a dedicated budget line and adjusted fees. With the full picture, owners voted in favour of obtaining a maintenance plan and budget. The estate now has a funded maintenance plan that protects property values, distributes financial responsibility fairly, and gives every owner confidence in the long-term upkeep of where they live.
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