Strata Setup for New DEVELOPMENTS

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New Schemes (Developments)

If you are a property developer looking for assistance with the setup of the strata documentation for your new development, Lockhart Strata Management can assist with the following: initial budget and levy preparation, sales contract documentation (including management agreement), and the preparation of documentation for the first AGM. This includes the first AGM notice, 10-year maintenance plans (if required), and working with the developer for the first year to establish all the required contracts and services for a smooth transition to the new owners.

Our services include

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Initial Budget & Levy Schedule Preparation

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Sales Contract Documentation

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First AGM Coordination

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Establishment of Key Services

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10-Year Maintenance Plan Assistance

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Flexible, No Lock-In Contracts

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Sales Contract Documents

Lockhart will assist developers with the required documentation for their sales contracts, such as the proposed budget, levy schedules, and management agreement. We can also assist or provide suggestions regarding the scheme by-laws.

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First Annual General Meeting

Lockhart will work with the developer to finalise the first AGM, set up the required services and contracts for the scheme to run smoothly, and address any outstanding items before being handed over to the owners at the next AGM.

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No Lock-in Contracts

Lockhart offers a 12-month contract term. This ensures that the new owners have the flexibility to choose another manager if they wish. The Owners are not locked into a 3 or 5-year contract by a developer who is no longer associated with the scheme.