The Property Stock and Business Agents Act (2002) was amended in 2009 to introduce new educational requirements for registration as a Strata Managing Agent.
Qualifications for a Strata Managing Agent's license are successful completion of CPP40609 Certificate IV in Property Services (Operations). The course contains the following units of competency:
Code | Competency Name |
BSBREL410A | Establish networks |
CPPDSM4028A | Identify and analyse risks and opportunities in the property industry |
CPPDSM4044A | Coordinate maintenance and repair of properties and facilities |
CPPDSM4047A | Implement and monitor procurement process |
CPPDSM4048A | Implement customer service strategies in the property industry |
CPPDSM4057A | Monitor a safe workplace in the property industry |
CPPDSM4063A | Participate in developing and establishing property and establishing property & facilities contracts |
CPDSM4072A | Provide leadership in the property industry |
BSBLED401A | Develop teams and individuals |
BSBFIA402A | Report on financial activity |
BSBRKG304B | Maintain business records |
BSBSMB402A | Plan small business finances |
BSBSMB406A | Manage small business finances |
CPPDSM406A | Establish and manage agency trust accounts |
CPPDSM4034A | Assess and implement strata/community management agreement |
CPPDSM4045A | Facilitate meetings in the property industry |
CPPDSM4056A | Manage conflicts and disputes in the property industry |
CPPDSM4074A | Select and appoint contractors in the property industry |
And successful completion of the following three units from Certificate III Property Services (Operations) | |
CPPDSM3019A | Work in the strata/community management sector |
CPPDSM3017A | Communicate with clients as part of agency operations |
CPPDSM3016A | Work in the property industry |
Applications for a licence for people who have completed NSW 9674 Certificate IV in Property (Strata Management) will be accepted up to 2011.
The qualifications required for registration as a registered Strata Manager or registered Community Manager are three units of competency from the Certificate III Property Services (Operations).
Code | Competency Name |
CPPDSM3019A | Work in the strata/community management sector |
CPPDSM3017A | Communicate with clients as part of agency operations |
CPPDSM3016A | Work in the property industry |
ISTM conducts the new course each month. For more information check the events calendar or phone Margaret on 9904 8499.