Here’s How We Improve Outcomes for Developers
The Knight offers developers total OC management services in a structured, expert-led and fully compliant process.
Professional Owners Corporation Advice
With experience gained over two decades, we can provide professional advice to developers on all owners corporation matters. This may include feedback on the design of common property, recommendations on how the owners corporation should be structured, or advice on the best approach to handing over a staged development.
Architectural and Property Services Plan Review
Based on our experience managing properties of various configurations, we have an excellent understanding of what works when it comes to the layout and design of common property and building services. On a number of occasions, we’ve provided feedback to developers that has resulted in the common property layout being altered to benefit the property’s operation.
Plan of Subdivision and Owners Corporation(s) Structure Review
The plan of subdivision indicates the common property that an owner corporation is responsible for. Most of the time, we agree with how a plan has been prepared. Sometimes changes can be made that will result in an owner corporation being managed more effectively. If required, we can liaise with the land surveyor responsible for the plan to ensure the best solution is achieved.
Owners Corporation Budget and Fee Schedule Preparation
The Knight takes pride in providing accurate and detailed owners corporation budgets for new developments. We seek quotations from relevant service providers and review properties of similar size and configuration within our portfolio to ensure costs are accurate. In addition to the budget, we will prepare a schedule listing the owners corporation fees for each lot.
Owners Corporation Rules Review and Preparation
With extensive experience in owners corporation Rules, The Knight is well-equipped to create rules tailored to your specific development.
Information Documentation for Owners and Occupiers
We recommend that our developer clients provide information booklets to owners and occupiers, ensuring they understand where facilities are located and how to use equipment. The Knight can assist in preparing these booklets for your development.
Facilitate the Establishment of the Owners Corporation
An owners corporation is officially formed when your plan of subdivision is registered and the inaugural general meeting takes place. We can assist in establishing the owners corporation by handling the following tasks:
- Arrange owners corporation insurance
- Convene and hold the Inaugural General Meeting
- Prepare owners corporation certificates
- Arrange ABN and TFN
- GST registration (if applicable)
- Set up of bank account
- Obtain Owners Corporation seal
- Tender and engage service contractors
Facilitate Handover From Developer to Owners Corporations and Its Members
Once the owners corporation is established and practical completion is reached, we help transfer the property from the developer to the owners corporation and its members by handling the following:
- Arrange purchaser information event
- Manage move-in of occupiers
- Convene and hold a Special General Meeting to elect the Committee of Management
- Defect liability period management
Management of the Owners Corporation
The Knight manages owners corporations of all sizes, from small to large, simple to complex. With over 25 years of hands-on experience, we understand what owners corporations need. Our long-standing management of The Domain at 1 Albert Road, Melbourne, since 1995, is a testament to our expertise.
