Bodies Corporate / Owners Corporations

It’s common with a managed property or complex for the body corporate or owners corporation to find that the management agreement is too generic in its description of the manager/caretaker duties. This situation can lead to disputes which in turn have a negative impact on the smooth running of the building or complex. Common problems include:

  • Interpretation of duties prescribed in current agreements. The majority of agreements are open-ended and subject to individual interpretation.
  • Disagreements over the remuneration being paid under the terms of the current agreement.
  • Updated schedules of duties following upgrades or refurbishment of the common areas of a building/complex that result in a disagreement.

The answer is to review the schedule of duties and the remuneration payable under the terms of the current management/caretaking agreement. BMCS’s unique time and motion methodology results in a tailor-made assessment of the building or complex’s specific and individual requirements. Because benchmarking comparisons with other properties is just part of our approach, the result is a recommendation for a schedule of duties and remuneration that is absolutely fair and justifiable and specific to the particular building/complex. In our experience, we have never seen two buildings/complexes that are the same and we assess each client’s property accordingly.

A BMCS report can be used to develop a new, fair schedule of duties that are specific to the particular building/complex.

A selection of clients who have engaged BMCS to provide specialised expertise in recent years includes but not limited to:

  • Niramaya Villas & Spa – Port Douglas
  • Horizons – Jindabyne NSW
  • Emerald Lakes – Carrara
  • Cloudland – Bowen Hills
  • Aegean – Surfers Paradise
  • Grand Mariner – Paradise Waters
  • Liberty on Tedder – Main Beach
  • Mariners Reach – Newstead, Brisbane
  • Reef Terraces – Port Douglas
  • Deville Apartments – Main Beach – Gold Coast
  • Spinnaker – Main Beach
  • Waterview Terraces – Townsville
  • Deepwater Point – Labrador – Gold Coast
  • Zanzibar – Mooloolaba
  • Sirroco – Mooloolaba
  • The Reserve – Varsity Lakes, Gold Coast
  • River Place Apartments – Boundary Street, Brisbane
  • Meadowlands – Carina
  • Victoria Square – Broadbeach
  • Hastings Cove – Hastings Point NSW

Building Management Consultancy Services - BMCS

BMCS specialises in drawing up schedules of duties, calculating fees for the management and maintenance of strata titled complexes

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