Living in a Body Corporate means you are part of a community. Everyone contributes to the functioning and compliance of the property through levies and residents get to enjoy common area facilities.
Although Strata living can be an oasis, it can also be a confusing world and knowing and understanding the reports required can be even more confusing.
The team at Star BMS have summarised our building management consulting and compliance reports below:
Safety and Compliance
We carry out Safety & Compliance inspections and report on noncompliance and risks at your building and advise how they might be controlled. We offer Maintenance Schedule and Log Book packages that help you to ensure that your property is maintained in the best practice, and all aspects of the property are compliant with the various safety legislation.
Sinking Fund Forecasts
Our sinking fund forecasts present a detailed 15 year forecast to give your Body Corporate a clear understanding of how the levies should be set to pay for anticipated expenditure. Star BMS’ professionally prepared sinking fund forecasts ensure your Body Corporate has sufficient funds set aside to keep your building operating well and to adequately maintain all common areas.
Building Insurance Valuations
Failing to have an accurate and up to date insurance valuation could result in inflated premiums or insufficient cover in the event of a claim. Our experienced quantity surveyors will provide you with an accurate insurance valuation, giving you peace of mind that should you need to claim, your valuation won’t cause any issues.
Building Management and Maintenance Systems
Our Building Management and Maintenance Systems program is perfect for those new to building management, or those not familiar with the Queensland legislation in regards to compliance. Our comprehensive service ensures your building has a compliant program and provides a system of recording and reporting to maintain a high standard of communication with the Body Corporate committee.
Common Property Condition Reports
A Common Property Condition Report carried out by Star BMS will identify any maintenance issues that should be rectified to prevent deterioration of the building. A small investment in this report has the potential to save a large amount of money in the long term.
Building Management Statement Consulting
Many new urban developments contain areas of shared facilities between commercial, retail and residential schemes. A Building Management Statement (BMS) is a document that governs the relationship between the residential bodies corporate and the volumetric commercial/retail lots.
Star BMS is able to interpret the BMS document, identify areas of shared facilities, and define the ways that expenses are apportioned. We aim to ensure the management of your shared facilities is as simple as possible.
Programmed Maintenance and Compliance Scheduling
The most effective way to ensure your building remains compliant through the maze of legislation, and in the best possible condition, is to be proactive and implement a Maintenance and Compliance Schedule. After inspecting the premises, our building management and compliance consultants will recommend a schedule for the routine maintenance of common property and plant, thereby minimizing the risk of your building needing expensive, reactive maintenance in the future.
Want to know more?
Our qualified consultants inspect your premises and consult with you to provide a wide range of advice essential for Bodies Corporate. If you would like to know more or to arrange a report for your scheme, click here to contact the Star BMS team.
