Body Corporate Management

Body Corporate Management :

Transforming Complexity into Peace of Mind

Managing a Body Corporate shouldn’t be a full-time job for Trustees. We turn the rigorous legal landscape of the STSMA into a seamless, professional experience that protects your community.

Fiduciary Authority & Strategic Governance

We don’t just manage buildings; we manage relationships and legal risk. Backed by nearly a century of experience, we provide the authoritative structure required to discharge your fiduciary duties with absolute confidence.

Our approach ensures your scheme remains compliant, liquid, and prepared for future growth.

Transparent Financial Stewardship

Utilising the frameworks of Regulations 21 and 26, we provide comprehensive financial oversight to protect the scheme’s solvency and integrity:

Dual-Fund Management: We facilitate the mandatory two-tier funding system Administrative and Reserve to ensure total legal compliance.

Audit Readiness: We coordinate the preparation of Annual Financial Statements and the external audit process, ensuring every cent is accounted for.

10-Year Maintenance Planning: We manage the Maintenance, Repair, and Replacement Plan (MRRP), preventing the financial instability of unexpected special levies.

Legal & Risk Mitigation

Sectional Title law is demanding, and the stakes of mismanagement are high. ALW Properties acts as your legal shield by ensuring every statutory requirement is met:

Comprehensive Insurance: In compliance with Section 3(1)(h), we ensure all buildings are insured to their full replacement value, including unit-specific valuations.

Fidelity Protection: We secure fidelity insurance that protects your scheme’s funds against fraud, meeting the strict requirements of CSOS Regulation 15.

Regulatory Filings: We handle all essential notifications to the Chief Ombud and local municipalities, ensuring your scheme remains in good standing.

Harmony through Governance

Effective management requires the fair and consistent application of rules. We foster a harmonious living environment through professional secretarial and mediation services:

Rule Enforcement: We assist in implementing and enforcing Management and Conduct Rules to prevent nuisances and maintain community standards.

Dispute Resolution: We provide active resolution services and handle the certification of new rules with CSOS to avoid prolonged conflict.

Secretarial Excellence: From managing resolution notice periods to recording meeting minutes, we ensure your governance is beyond reproach.

Your Compliance Checklist: Is Your Scheme Fully Protected?

Adherence to legislative frameworks is your primary protection. ALW Properties provides the expertise necessary to navigate the complexities of the STSM and CSOS Acts:

Fund Separation: Are your Administrative and Reserve funds held in separate, compliant accounts?

Replacement Valuations: Has a professional building valuation been conducted in the last three years?

10-Year MRRP: Is your maintenance plan reviewed and updated annually?

Fidelity Cover: Does your insurance cover the total value of reserves plus 25% of your operational budget?

Certified Rules: Are your current conduct rules officially certified by CSOS?

Body Corporate MANAGEMENT

Secure the Future of Your Investment

Don’t leave your scheme’s compliance to chance. Partner with ALW Properties for management characterised by statutory precision, transparency, and care.

Request a Management Proposal