Owner Information
Good things take time, and you're at the first step.
How to start - a brief summary
1. Start free trial
You can do this right now. Create an account, create your property and have a play on the platform. It's free for 90 days!
2. Invite your community
Have a chat face-to-face (or text, email, whichever you prefer) about Loma, get their email and invite them to the platform.
3. Agree as a community
When you are ready you will need to pass an official motion at a meeting to use Loma, as budget will be required. An example of this is below.
Rallying the community
If you are really excited about Loma Strata and really want your community to become subscribers, here are some tips to get everyone on board
Create a free account and invite neighbours to it so they can get an idea of what's going on
Most of all, remember to be patient. It may take a while to get the community behind the idea.
Your Checklist
Just like with any other tool, if you use it the wrong way it suddenly isn't very helpful. What good is a hammer if it used to bake a cake?
Managing strata is a problem and Loma Strata is the tool to help you with that. To get the best value out of it, here are some things for you to check
There is a functioning committee dedicated to creating a well run Strata.
There are members of the owner's corp that will keep information up to date in the platform.
While we offer a 90 day free trial, budget will need to be approved for a Loma Strata subscription if you are to use it long term.
Facilitating the Transition
THAT, The Owners – Strata Plan No [insert number], pursuant to the Strata Schemes Management Act 2015 (the Act), RESOLVE to:
1. Terminate the current strata management agreement and transition to self-management.
2. Adopt Loma Strata as the support platform for self-management, including tools for decision-making, financial management, and administrative tasks. As we are ## lots this will be an annual fee of [number of lots * $120].
3. Authorize the necessary steps to: Notify and terminate the current manager’s contract in accordance with its terms.
4. Ensure the transfer of all records and funds from the outgoing manager within 28 days.
5. Open a new bank account for the Owners Corporation to manage funds directly.
6. Establish procedures for ongoing governance, including the election of a committee.
THAT, The Owners – Strata Plan No [insert number], pursuant to the Strata Schemes Management Act 2015 (the Act), RESOLVE to:
1. Retain a strata management agreement with insert name of current body corp manager while transitioning to Loma Strata as the support platform for strata-management.
2. Authorise the committee to oversee the implementation of Loma Strata, including responsibility for maintaining and updating content within the platform.
3. Confirm that Loma Strata will be used in conjunction with the body corporate manager’s services to streamline and enhance governance processes.
4. The annual fee for Loma Strata will be [number of lots * $120].
5. Instruct the body corporate manager to collaborate with the committee to ensure seamless integration with Loma Strata.
6. Ensure that all records, financial information, and administrative tasks required for Loma Strata are maintained and accessible as needed by the committee and the body corporate manager.
7. Establish clear procedures for ongoing governance, including the election of a committee, which will liaise with both the body corporate manager and Loma Strata for effective operation.
Have Questions?
We're here to help you find the answers.
Start Free Trial
Every new property gets a 90 day free trial.