Real Estate Services & Strata Management Services
DSM’s business hours are Monday to Friday 9:00 AM to 4:00 PM. For emergencies only such as a burst water main or electrical fault please leave a telephone message with our 24/7 call center Operator at 08 6311 2864 speaking slowly stating your name, contact telephone number and nature of the emergency.
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Office: (08) 6311 2864 Mobile: 0427 146 165 admin@dsmpms.com.au

Strata Management

AN OVERVIEW OF STRATA TITLED PROPERTY

Understanding strata titled property, owning it and managing it can be a daunting challenge. The administrative process generally begins once the local and state authorities approves the sub-division.  If the subdivision is a strata titled scheme a number of legislative procedures must commence. The process is likely to begin with the implementation of the inaugural and first annual general meeting to establish the new strata.  Other following procedures can include drafting and registering special by-law, compliance with self-managed small scheme strata book-keeping and records, sinking fund long term maintenance planning for older schemes or Work Health and Safety compliance.  In Western Australia, the current primary reference sources are the amended Strata Titles Act 1985 (WA) which took effect on 1 May 2020 and the Strata Titles General Regulations 2019 (WA). DSM STRATA is able to offer the strata client the full range of professional strata management advice and assistance.  

  

DSM STRATA has operated locally and in the eastern states the last 20 years. We use standard REIWA agreements and contracts endorsed by the WA Department of Mines Industry Regulation and Safety which provide full transparency and disclosure. We do not charge, overcharge or carry out extra services or work unless you instruct us to do so. You only pay for services that your strata complex requires. The DSM STRATA portfolio is owned and personally managed by the proprietor, Dian Santa Maria who is supported by the DSM Administration and Maintenance Team.

Another service provided by DSM STRATA to the local strata community is the unlimited 24/7 online access to your account whether you are based locally, interstate or overseas if you have email access.  Additionally, we also provide a customised end of month strata income and expenditure financial report. This is a cost saving initiative which we have introduced to benefit the strata scheme and strata lot owner. You don’t have to pay for unnecessary administrative costs and paperwork.  If you do not own a computer or are not familiar with electronic media you do not miss out on any of these services. Documents will be sent by Australia Post.

Our management services are tailored to suit each strata scheme and property owner's needs. We offer three (3) management agreement options and our fees and charges are based on the services that you require:

 

Option 1

Full management services;

 

Option 2

 

Partly management services (to be negotiated); and

Option 3

 

Management for services to undertake financial record keeping compliance and strata insurance compliance. 

(Suitable for self-managed strata schemes with active committee members).


General Strata Management Services Accounting


  • Establish and maintain a single trust account for exclusive use by your strata scheme
  • Issue quarterly levy notices
  • Follow-up of levies in arrears
  • Payment of strata invoices
  • Monthly electronic statement of income and expenditure and a levy status report via the 24/7 Community Portal
  • Preparation of Administrative and Reserve Fund Budgets


Meetings


  • Preparation and distribution of agendas for general meetings to all owners
  • Attendance at meetings either in the office or on-site
  • Chair and record minutes
  • Preparation and distribution of minutes


Administration


  • Up-to-date maintenance of strata roll (Section 110 Certificate) and minute books
  • Maintenance of correspondence file and common seal
  • Issuing of electronic or posting levy notices
  • Payment of creditors
  • Photocopying, collating, stapling and enveloping
  • Telephone calls/facsimile