What is a strata manager?
The Property Stock and Business Agents Act 2002 provides the following definition:
“A Strata Managing Agent means a person (whether or not such person carries on any other business) who, for reward (whether monetary or otherwise), exercises any function of an owners corporation within the meaning of the Strata Schemes Management Act 2015 or any other function that is prescribed by the regulations for the purposes of this definition, not being:
- a person who:
i. is the owner of a lot to which the strata scheme for which the owners corporation is constituted relates, or
ii. is the lessee of a lot to which the leasehold strata scheme for which the owners corporation is constituted relates, or
iii. is the secretary or treasurer of the strata committee of the owners corporation, and who exercises or performs only functions of the owners corporation required, by the by-laws in force in respect of the strata scheme or leasehold strata scheme for which the owners corporation is constituted, to be exercised or performed by the secretary or treasurer of that strata committee or of the owners corporation, or- a person who maintains or repairs any property for the maintenance or repair of which the owners corporation is responsible.”
A strata manager can only be appointed at a general meeting by the owners corporation or by an Adjudicator. They will preform the delegated functions that have been outlined in the agency agreement or as instructed by the owners corporation or strata committee, subject to the limitations contained within the Strata Schemes Management Act 2015.