Strata management is the administration of properties with multiple owners, such as apartment complexes or townhouse communities. It involves overseeing maintenance, finances, insurance, compliance with local regulations, and facilitating communication between owners and residents. A professional strata manager ensures that common areas are well-maintained, repairs are handled efficiently, and budgets are managed effectively. They also organize meetings, enforce by-laws, and support harmonious living within the community. By streamlining operations and offering expert guidance, strata management helps protect property value and ensures smooth day-to-day functioning of shared living environments, making it a vital service for residential and commercial strata schemes.