Insurance
Valuations
The Body Corporate and Community Management Regulations requires that a body corporate must be insured for full replacement value, which includes the above items such as removal of debris and consultants fees. The regulations also require that a valuation be carried out a minimum of every 5 years.
Regardless of the original construction cost, to ensure you are properly insured for an insurable event the estimate must include; escalation, demolition/removal of debris, re-design fees and local authority application fees. These are all significant costs over and above the construction cost.
practicable and affordable solutions across a range of streams including
Fire Safety
Insurance Valuations
Work Health & Safety
Sinking Fund Forecasts
Tax Depreciation Schedules
Latest Compliance News
THE TREASURER ISN’T THE BOOKKEEPER: FIVE FINANCIAL MISCONCEPTIONS EVERY COMMITTEE SHOULD UNDERSTAND – Smart Strata | Body Corporate Management
THE TREASURER ISN’T THE BOOKKEEPER: FIVE FINANCIAL MISCONCEPTIONS EVERY COMMITTEE SHOULD UNDERSTAND Every committee has one. The chairperson often becomes the public face of the body corporate. The secretary keeps meetings organised. The body corporate manager...
THE TREASURER ISN’T THE BOOKKEEPER: FIVE FINANCIAL MISCONCEPTIONS EVERY COMMITTEE SHOULD UNDERSTAND – Smart Strata | Body Corporate Management
THE TREASURER ISN’T THE BOOKKEEPER: FIVE FINANCIAL MISCONCEPTIONS EVERY COMMITTEE SHOULD UNDERSTAND Every committee has one. The chairperson often becomes the public face of the body corporate. The secretary keeps meetings organised. The body corporate manager...
SELF-RESOLUTION — WORKING THROUGH ISSUES TOGETHER – Smart Strata | Body Corporate Management
SELF-RESOLUTION — WORKING THROUGH ISSUES TOGETHER Many people expect governing bodies to enforce compliance when disputes arise in community titles schemes. However, the Body Corporate and Community Management Act 1997 (Qld) emphasises self-management, balancing...
SELF-RESOLUTION — WORKING THROUGH ISSUES TOGETHER – Smart Strata | Body Corporate Management
SELF-RESOLUTION — WORKING THROUGH ISSUES TOGETHER Many people expect governing bodies to enforce compliance when disputes arise in community titles schemes. However, the Body Corporate and Community Management Act 1997 (Qld) emphasises self-management, balancing...