Prepare an annual estimate of income and expenditure for submission to the trustees/directors and the scheme to determination of monthly levies.
Periodically review of the budget.
Open a trust account with a financial institution on the name of the scheme in accordance with the requirements of the Estate Agency Affairs Board.
Assist the trustees/directors with replacement values for improvements for insurance purposes and arrange for valuations when asked to do so by the trustees/directors.
Assist with the submission of all insurance claims on behalf of the Scheme when asked to do so by the trustees/directors.
When instructed to do by the scheme or representatives, assist the caretaker in arranging for the maintenance of and repairs to the common property that do not require the advice or supervision of profession engineers, architects or their professional bodies. Arrange quotations when asked to do so.
When requested, assist the caretaker in negotiating with outside contractors to perform certain services on behalf of the body corporate.
When requested, assist and advice those on the enforcement of the rules adopted by the Scheme with respect to Section 35 of Act 95 of 1986 as amended.