What to expect in the Canberra strata sector in 2023
Close to 40,000 people in the ACT now live in an apartment or townhouse. That’s one in 10, myself included.
What meetings do I have to attend as an Executive Committee member?
As one of the members of your Canberra-based strata community’s Executive Committee, these are the meetings you must attend. Being elected to the Executive Committee (EC) of your strata premises by the Owners Corporation is a big responsibility but a rewarding one. As part of your role, you will have to attend meetings. These gatherings…
Key roles and responsibilities of an Executive Committee in the ACT
What exactly does a strata building Executive Committee do? Take a look at the roles within this elected group of unit owners and their responsibilities. When you purchase a unit in a strata block, you will hear the terms ‘owners corporation’, ‘executive committee’ and ‘strata manager’ frequently. If you’re finding it confusing, here’s a quick…
Common property vs private property
When it comes to strata building communities in the Australian Capital Territory, what counts as common and what counts as private property? If you’re renting a property in a strata community or you are an owner-occupier, you will no doubt come across the term ‘common property’. But what does this mean and how does it…
Why join your Executive Committee?
Invest further in your investment by joining your Executive Committee. Find out why being an active member can boost the value of your property. Investing in property is generally a positive way to generate lasting wealth for yourself and your family. However, many investors make the mistake of purchasing an investment apartment, handing over the…
How technology is changing the way Executive Committees are run
Clever new technology is making the Executive Committee and the strata tenant experience more convenient and efficient than ever. Online portals, the cloud and the rise of smart buildings are all improving the efficiency of Executive Committees as well as strata tenant experience. Connectivity and digital platforms make it easier to manage tenant expectations, retrieve…
How mixed-use buildings are different from residential only
A building with commercial and residential lots has its own unique challenges and benefits. Take a look at why these complexes are different. Mixed-use facilities, which include residential premises and commercial operations like cafes, offices and shops, are a productive use of space. They add vitality to urban areas but they’re not without their challenges…
5 things your EC can delegate to your Strata Manager to make meetings more efficient
Meetings are a fact of life but they are something we dread if they aren’t run correctly. As an Executive Committee member, you may look forward to or wish you could avoid meetings with your fellow owners corporation representatives. The way you feel about meetings depends on how well organised they are and who takes…
Avoiding conflict of interest on an executive committee
Conflict of interest can lead to tricky situations within a strata’s executive committee. Here’s how to avoid them in yours. Your strata building’s executive committee has an important role to play and sometimes it can be difficult to recruit new members. However, the members you do recruit must not have a conflict of interest. A…
Attract new members to your executive committee
If the executive committee of your strata building is in need of new members, there are ways to encourage people to join. Being part of your strata building’s executive committee can be a rewarding experience but it is an opportunity many fail to notice or seek out. Your committee can have up to seven members…