The main purpose of the strata roll is to provide easily accessible information about the scheme. It acts as the “go-to” document – the definitive source of key details regarding the property and its management.

Who Maintains the Strata Roll?

For new buildings, the preparation of the strata roll is the responsibility of the original owner. Once the strata plan is registered, the responsibility shifts to the Owners Corporation, who must maintain it on an ongoing basis. The roll can be kept in mechanical, electronic, or other formats.

What Must Be Recorded in the Strata Roll?

According to the Strata Schemes Management Act 2015 (Section 178), the roll must contain:

• The strata plan number and the address of the building
• The names and addresses of the original owner and the strata managing agent
• The total unit entitlement of the scheme and the entitlement of each lot
• Insurance details, including insurer name, policy number, type of cover, amount insured, premium due date, and last payment date
• The by-laws for the scheme

Why Keeping It Up-to-Date Matters

While legislation sets out what must be recorded, in practice, the strata roll is more than just a compliance requirement. An up-to-date roll ensures smooth communication, accurate financial management, and clear record keeping for the benefit of all owners and residents.

At Metro Strata, we strongly recommend that Owners Corporations take proactive steps to keep the strata roll current. Small updates, like changes in ownership or insurance details, can have a big impact on how efficiently a scheme is managed.