With a little planning, a clear agenda, and a good grasp of your legal obligations, you can run a smooth, productive meeting that sets your scheme up for success.

Running a self-managed scheme is a great way to save on management fees and stay directly involved in how your building is run. But with that independence comes responsibility especially when it comes to keeping proper records. 

Good record-keeping isn’t just a legal requirement under strata and community scheme laws in every Australian state and territory it’s also your best defence against disputes, confusion, and headaches down the track. 

Here’s a simple guide for small, self-managed schemes. 

As more Australians seek autonomy and cost savings in managing their apartment buildings and townhouse complexes, self-managed strata schemes are gaining traction. While this approach offers significant benefits including lower costs and greater control it also presents complex challenges that require careful planning and, increasingly, creative hybrid solutions.