Following the amendments to the Act which came into effect in May 2020, there are some new requirements that must be met by not only your Strata Manager but also by those people who chose to self-manage their scheme (volunteer Strata Managers).
Schemes can still have a volunteer Strata Manager. The Act ensures they are subject to the statutory duties of a Strata Manager, with Landgate noting that the following conditions are included:
Volunteers must have a written agreement or contract with the strata company.
Volunteers must own one of the lots.
Volunteer strata managers cannot earn more than $250 for each lot in the scheme, over a full year or if a reward is non‑monetary, the amount of the reward is the value of the reward.
Volunteer strata managers must obtain a National Criminal Record check (providing a new copy to owners, every 3 years)
Volunteer Strata Managers do not need to attain educational qualifications or hold professional indemnity insurance. However, like Strata Managers, they must obtain (and table) a national criminal record check, every 3 years. In the event of a conviction for a property or dishonesty offence, a volunteer Strata Manager must, as soon as practicable, notify the Strata Company (all owners) in writing detailing the particulars of the conviction.
Of course, to manage your property effectively, you will need to ensure that you have a good working knowledge of the Strata Titles Act 1985 and the Strata Titles General Regulations 2019. Here at Abode, Strata is our business and all of our staff have met the educational requirements as set out in the Act. So, if self-management seems like hard work, give us a call and we can provide you with a quotation. https://www.abodestrata.com/getquote
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