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The Institute

 

What is the NCTI?


The National Community Titles Institute (NCTI) is the Australian national representative professional association for home owners, community associations, body corporate management practitioners, solicitors, tradespeople, insurers, bankers and other parties involved in the professional, full-time administration of community and strata schemes.


It also welcomes membership by Institutes or Associations from overseas.


Current member associations are from:


The NCTI currently has more than 1,500 members.

 

History of the NCTI


The NCTI evolved from a desire by State institutes to have a structure and forum which allowed for interchange between regions, and to enhance the responsibilities of industry members in a nationally consistent manner, and from a need to represent practitioners at a national level to the Department of Education, Science and Training and other statutory bodies.

 

State representatives first met on 12 July 1992 and continued to meet regularly every six months to build an acceptable formal structure for the representation of the industry.

 

In 1995 prominent Australian property lawyer, Gary Bugden, who had been responsible for drafting much of the nation’s strata and community schemes legislation, was engaged to promote and formalise the efforts of these state representatives.

 

The NCTI was formally established on 2 April 1996 with the first Executive Council meeting held on 3 May of that year. Mr Colin Archer was elected the first National President.

 

The NCTI offers community title managers a recognised national status with accompanying accountability and credibility.

 

In review of a strategic planning undertaken by the Institute in 2007/08 NCTI has engaged an Executive Officer in March 2009 to liaise with government and industry stakeholders for the professional development of the Institute.

 

Mark Lever

Executive Officer Mark Lever brings more than 30 years experience in the corporate world, journalism and experience as a political staffer to the strata industry.


 

Fast facts

  • There are around 2500 strata title managers in Australia.
  • The Australian Bureau of Statistics (ABS) released data in 2009 based on the 2006 Census that reported that there were 8.4 million private dwellings which are owned, occupied or worked in by 3.5 million people.
  • The ABS forecasts that within the next 25 years, strata titled apartments are likely to out-rate residential houses as the number one choice of housing in Australia. In greater Sydney it is even expected that more than 50 percent will reside in strata titled complexes within the next 25 years.
  • TREND Urban planning policies around Australia are targeting annual growth of more than 10 percent for the next 15-25 years. The industry continues to grow rapidly in Australia with around 250,000 owners corporations comprising 2 million lots Australia wide. It represents the management of property worth more than $750 billion.

 

NCTI Objectives


The NCTI's objectives are:


  • To promote increased professionalism within the community title industry
  • To represent all industry participants at a national and international level
  • To establish consistent standards of professional practices across the States
  • To establish and maintain a common Code of Conduct for practitioners across Australia
  • To promote business and social interaction among all industry professions at a national level
  • To educate and inform all industry participants.

 

Our mission statement


The NCTI seeks to provide an Australia-wide professional association with global links to similar professional associations in the delivery of benefits for strata and community title managers and unit owners.

 

Benefits to our Clients

 

The NCTI seeks to provide a degree of assurance to owners who own or reside in strata/community title properties that their affairs will be conducted in a professional manner.

 

Roles of strata and community title managers

 

Strata and community title managers are professional men and women responsible for the administration of bodies corporate charged with a responsibility to maintain buildings and common areas within a strata titled or community titled scheme.

 

Managers are specialists in their field, possessing the knowledge and skill to administer the body corporate in accordance with the complex requirements of the particular state-based legislation to achieve consensus in decision making and to otherwise assist home unit owners by assuming onerous responsibilities.

 

Their functions are not those of real estate agents or resident managers.

 

Strata and community title managers are involved in coordinating the affairs of unit owners including conducting meetings, collecting and banking levies, arranging property maintenance, advising on asset management, placing insurance and keeping financial accounts.

 

Incidental duties include:

 

  • preparation and distribution of notices, agendas and minutes
  • attending to correspondence
  • arranging quotations and repairs for building maintenance
  • maintaining the body corporate roll
  • maintaining all registers required
  • payment of all invoices
  • preparation and distribution of financial statements and budgets
  • preparation and distribution of contribution notices
  • attending to orders, submissions and appeals.

 

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National Community Titles Institute © 2008