Are you an Owners Corporation Manager, Insurance Broker or Property Manager ?

INCLUDED EXTRAS:

Featured

In addition to your Insurance Valuation Report we provide a set of professional grade high-resolution images of the property for your file records.

Photos are taken on a high mega pixel camera providing exceptional detail when zooming in or when viewed at full size. They can show detail beyond what would be visible to the naked eye. Photos are professionally developed to enhance detail and dynamic range.

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Three year insurance forecast

Best practice is to obtain a valuation every 3-5 years. However annual renewals in the interim should account for cost escalations also. We make it easy for you and provide forecasts for a full 3 year period.

Property Services Map

Property specific information showing where common services are located such as MDF, switchboards, keysafe and more. A great reference when you haven't been to a property in some time.

Ensure Group Property Valuers have a highly-respected reputation among Owners Corporations, Insurance Brokers and Real Estate agencies across Australia.

We understand your responsibilities to your clients and are committed to providing a cost effective solution to ensuring values are updated annually and your clients are adequately covered in the event of a loss.

In light of legislation requiring Owners Corporations to obtain valuations at least every five years, our reports offer a five year forecast, to help guide you at each Insurance Renewal.

The Victorian Owners' Corporation Act 2006 (Section 59) requires that :

(1) An owners' corporation must take out reinstatement and replacement insurance for all buildings on the common property in accordance with the Act

(2) The insurance required under subsection (1) is insurance for damage to property under which the owners' corporation insures for-

(a) the cost necessary to replace, repair or rebuild the property to a condition substantially the same, but not better or more extensive than its condition when new; and

(b) the payment of expenses necessarily and reasonably incurred in the removal of debris and the remuneration of architects and other persons whose services are necessary, being incidental to the replacement, repair or rebuilding of the damaged property.

The Victorian Owners' Corporation Act 2006 (Section 65) requires that :

1. A prescribed owners' corporation must obtain a valuation of all buildings that it is liable to insure.

2. The valuation must be obtained every 5 years or earlier as determined by the owners' corporation.

3. The owners corporation must present the valuer's report at the next general meeting after it is received.