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SERVICES


INSURANCE VALUATIONS
:

Insurance Valuations are assessments of building construction and other costs for replacement, to comply with Part 4, Division 2, Section 85 of the Strata Schemes Management Act, as well as for other Acts and Regulations.

To undertake an insurance assessment, we require access to the property (if a unit block, we require access to at least one typical unit and all common areas).  We also require a copy of the Strata Plans (or any building plans) if applicable and the month the insurance is due.

If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section.  Before proceeding with your order, we will confirm our fees for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.

MARKET VALUATIONS:

Market Valuations are undertaken for a variety of purposes, including:

  • Acquisitions/Resumptions
  • Capital Gains Tax
  • Easements & Rights-of-Way
  • Family Law
  • Feasibility studies
  • Lease negotiations
  • Litigation
  • Pre-purchase or pre-sale advice
  • Property settlements
  • Rental assessments/determinations
  • Stamp Duty.

To undertake a market valuation we require a variety of information depending on the task.  We will need copies of many documents, such as:

  • Lease/Licence documents
  • Deposited Plans
  • Strata Plans
  • Zoning Certificates
  • Council Approvals/Development Applications
  • Survey Certificates
  • Pest Certificates
  • Council Rates/Water Rates
  • Land Tax
  • Details of Agents' Fees.

We will confirm which documents we require before undertaking the valuation.
If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section. Before proceeding with your order, we will confirm our fees, and any other information we require, for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.

REALLOCATION OF UNIT ENTITLEMENTS:

Reallocation of Unit Entitlements may be considered necessary if the original Unit Entitlements are considered unreasonable.  To undertake this valuation we will need to value every lot in the strata scheme as at the date of registration of the scheme or as at the registered date of subdivision.

If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section. Before proceeding with your order, we will confirm our fees for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.

SINKING FUND ASSESSMENTS:

Sinking Fund assessments are carried out for the purpose of assessing the amount of money required to replace the different components of the building after consideration of their life expectancy.

It is understood that all Strata Plans numbered 30,000 and above will need to arrange Sinking Funds by July 2007, those numbered 10,000 to 29,999 will need to arrange appropriately by July 2008 and those numbered 1 to 9,999 by July 2009

We have negotiated an association with A.T Cost Engineering Pty Ltd, Quantity Surveyors, in order that you may avail yourself of the Sinking Fund calculations made by that company.

If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section. Before proceeding with your order, we will confirm our fees for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.

RATING OBJECTIONS:

Rating objections are carried out for the purpose of lodging objections against the Valuer General's assessments used for rating purposes.  It is important to be aware of the time frame required to lodge objections.

If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section. Before proceeding with your order, we will confirm our fees for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.

LEGAL REPRESENTATIONS:

We represent clients in various Courts and Tribunals, including The Land & Environment Court, Supreme Court, Family Court and Consumer Trader & Tenancy Tribunal (previously known as The Strata Board), in respect of real property matters.

If you wish to make an order for an insurance assessment fill in the interactive form in our Request a Valuation section. Before proceeding with your order, we will confirm our fees for your acceptance.  Therefore, please make sure you have completed the "Your Details" section on the order form correctly so that we may be able to contact you.