THE STRATA MANAGEMENT ACT- A detailed overview

by muzammil.khatri

Strata management act 2013 came into effect on 1 June 2015. Strata management act provides essential regulations for people living in apartments, buildings, etc. This act ensures that everyone contributes to maintaining a better living environment. Strata management act integrates the responsibilities of residents, landowners to ensure efficient, suitable management of these properties.

It can be very difficult to manage when it comes to strata properties. So, strata managers are assigned to perform all the functions. A strata manager is responsible for the apartment block or unit complex. A strata manager has to perform various duties like keeping the walls clean and tidy of the apartment, managing financial accounts, paying invoices, etc.

WHY WAS THE STRATA MANAGEMENT ACT ENFORCED?

Strata management act 2013 is a Malaysian law. This law was enacted to provide for proper maintenance and management of buildings and common property. This law was designed to ensure efficient and effective management of stratified properties. An officer known as the commissioner of the building is also appointed for overseeing, administering, and enforcing the duties and responsibilities that are laid down in the strata management act.

VARIOUS DUTIES AND RESPONSIBILITIES OF STRATA MANAGEMENT

  1. Strata management act has laid that one must need not damage or litter in any common property
  2. One needs to get necessary approvals if you need to make changes in your unit.
  3. it is important to observe noise regulation.
  4. One must park only in your parking bay.

WHO IS A STRATA MANAGER?

A strata manager is a person appointed to oversee the day-to-day management of strata properties. Depending upon the size of the property one can have more than one manager. A strata manager is a professional who has experience and qualifications related to finance and accounting and works related to the property industry.

DUTIES AND RESPONSIBILITIES OF STRATA MANAGERS:

  1. PROPERTY MAINTENANCE:

The strata manager must ensure that people occupying the strata property are living comfortably.

  1. FINANCIAL MANAGEMENT:

We know that financial management refers to managing all our finances. So, the strata manager must pay the utility bills, property building insurance. The strata manager prepares the budgets and submits them to the owner’s CORPORATION committee.

  1. SETTING UP OF MEETINGS:

The strata manager must provide notice for meetings or any other general information.

  1. HARMONY:

The strata manager must ensure that there is harmony amongst all the owners. The strata manager also resolves the disputes between the owners in an unbiased manner.

So a strata management company performs its duties to make strata living enjoyable and cost-effective.

 HOW TO CHOOSE THE BEST STRATA MANAGEMENT COMPANY?

There are various strata management companies. to choose the best strata management companies you need to keep a few things in your mind these are:

  1. COMMITMENT AND DEDICATION:

We all know that without commitment and proper dedication its not possible to achieve goals, the same is with strata managers. Strata managers need to be committed and should treat their customers politely.

  1. QUALIFICATION:

It is very important to check the qualification of the strata managers before choosing the company. Along with qualification experience also matters. A strata manager must know about finance, accounting, commerce, and planning.

  1. EXPERIENCE:

Along with qualification, the experience of the strata manager matters the most. Before hiring the strata management company its important to check whether the manager can deal with different circumstances.

  1. PUBLIC REVIEWS:

The reputation of the company and the public reviews are the game changer when choosing the best strata manager company. You can find reviews regarding the company on google business pages.

  1. KNOWLEDGE OF LEGISLATION:

The best strata management companies invest in regular training to keep an update about the changes taking place in the legislation. Strata managers must have the ability to guide regarding various new amendments.

  1. RESPONSIVENESS:

A variety of issues can come in near future in a community. The best strata management company will always know how to deal with situations without creating chaos.

  1. COMMUNICATION SKILLS:

Communication skills of the members of the company play a crucial role. The members and strata managers should talk politely and should help in resolving the problem. The manager should also clearly communicate all the rules and regulations.

  1. LICENSE:

A good strata management company will always hold a license. So it’s important to check the license or other paperwork before choosing a strata management company.

  1. LOCAL MANAGER:

It is always a better option to choose a manager whom you can trust. So it’s very important to choose a manager who is local so that you can rely on him easily. You can also ask your friends and family to find a good strata manager. The main aim is to find a manager who you can trust on. 

So, the above points will help you choose the best strata management company. The right management company will deliver good service and will also enhance the property and improve the living standard. The strata management act ensures everyone is treated fairly. This act ensures that everyone contributes to maintaining a better environment to live in.

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