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According to Strata Community Association (NSW), here is the definition of a Building Manager:
- The term Building Manager is often interchangeable with Facility Manager and Caretaker. A Building Manager (usually a company) is engaged by the owners at a general meeting by way of approval of a proposed contract or agreement. The service expectations can vary under these contracts, though generally, the expectation is for a suitably experienced person to be on-site to supervise activities relating to repairs and maintenance of common property. This can also include security and workplace health and safety.
If you have enjoyed this topic page, discover more great information in our other Strata Topics covered.
Feature Article
QLD: Why are Developers allowed to sell 25 year caretaking contracts?
Frank Higginson, Hynes Legal
Why are Queensland Developers the only developers in any state in the world allowed to sell 25 year caretaking/letting contracts that must be paid for by new unit owners for the duration of the contract?
Feature Video
QLD: Terminating Management Rights Agreements
Mario Esera
This edition of LookUpStrata’s Strata Snapshot Series, Mario Esera provides detailed information about:
1. Why is the process of terminating management rights agreements so difficult for body corporates?
2. What do you feel should be done to prevent these difficulties in the future?
Mario also discusses the steps involved in terminating, provides examples and talks about reasonableness.
Most Recent Building Manager & Caretaking Articles
- NAT: Strata Insurance Increases in 2023 – A Perfect Storm - Consecutive annual increases in the Building Sum Insured and the Premium Rate per Million will have a compounding effect of 60% over 2 yrs.
- QLD: Schemes with caretakers may be particularly affected by high inflation - The sudden shock of inflation is having an impact across the economy and it can be particularly destabilising for Body Corporates with caretakers where the remuneration is pegged to national price increases.
Our articles and Q&As about Building Managers & Caretakers have been arranged by State
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