Our Mission Statement
Genesis Property is the provider of owners corporation management and set-up, property solutions and maintenance, and multi-lot consultancy. Over the years, we have worked closely with reputable personnel in the building and developing industry in which, established a high level of knowledge and experience within the dynamic property industry. We aim to offer our clients unmatched superiority in property management services.
It is our mission to excel in service and client satisfaction. We believe that property management should be a facile and enjoyable experience for our clients, which is why we have formed a system that enables our property owners to access their information anytime, anywhere right here on our website. It is with this determination that we hope to separate ourselves from our competitors as client satisfaction and accessibility to information can be quite barren concepts elsewhere. At Genesis Property, we endeavour to make your experience being involved in an owners corporation to be undemanding and convenient.
Our vision is to be identified as the industry's leading property management company with prioritising client satisfaction and ensuring an effortless owners corporation experience for property owners.
Frequently Asked Questions
What is an Owner's Corporation (Strata)?
An owners corporation (formerly body corporate) manages the common property of a residential, commercial, retail, industrial or mixed-use property development. You are likely to be a member of an owners corporation if you own a flat, apartment or unit.
If you own property affected by an owners corporation then you become a member of that owners corporation automatically. As a member, you have legal and financial responsibilities to the owners corporation.
What are the responsibilities of an Owner's Corporation?
An owners corporation must:
manage and administer the common property
repair and maintain the common property, fixtures and services
take out and maintain required insurance
raise fees from the lot owners to meet financial obligations
prepare financial statements and keep financial records
provide owners corporations certificates when requested
keep an owners corporation register
establish a grievance procedure.
It must also:
carry out any functions and duties under the Owners Corporations Act 2006, the Owners Corporations Regulations 2007, the owners corporation rules and any other law or regulation
ensure compliance with Owners Corporations Act 2006, the Owners Corporations Regulations and rules.
What is the role of an Owners Corporation Manager?
An owners corporation manager is anyone appointed by an owners corporation to carry out its functions in managing and administering the common property.
These functions include maintenance and repairs, collecting fees, maintaining insurance and keeping financial records.
Any person or company carrying on business as an owners corporation manager for a fee or reward in Victoria must be registered by the Business Licensing Authority.
How is Genesis Property different from its competitors?
Specialising in new Owners Corporations and Owners Corporation set-ups, our dedication for unbeaten client service and readily-accessible information for Owners Corporation's is embed in our company mantra and is a key indicator for our rising influence in the strata management sector. Our building and construction knowledge has proven to be invaluable when dealing with obstacles that occur in managing in large multi-lot complexes