Socio Economic Detailed Assessment Socio Economic Note to the user This assessment is intended to assist existing and prospective Trustees/Directors/Estate Management/Office bearers/Third Party Managers of Body Corporates/Home Owners Associations/Retirement Villages or Shareblock Schemes (Community Schemes) to identify the existing level of governance, areas of weakness/vulnerability and the risks in these bodies and to offer advice on how to better manage these risks and improve overall governance. This assessment will also assist in helping Trustees/Directors/Estate Management/Office bearers/Third Party Managers in carrying out their fiduciary roles and responsibilities. Socio Economic Body Corporate/Complex/Property Name/Home Owners Association Name of Responsible Party/Trustee/Director/Estate Manager: How vulnerable is the Community Scheme due to its locality and the state of surrounding and adjoining properties/areas/Community Schemes (contagion risk) e.g. vulnerability to health and safety/abandoned properties/level of law and order/deteriorating security situation/declining property values/lower rentability and/or saleability of properties? * Yes, very. The Community Scheme is severely impacted and vulnerable to the state of adjoining properties and areas. Yes, to a large degree. We are heavily impacted by the state of surrounding properties and areas. Yes, to a small degree. We are becoming increasingly impacted by the state of adjoining properties and areas. No, not really. We are not materially impacted by adjoining properties and areas. No, not at all. We are not in any way impacted by adjoining properties and areas/these add positively to our Community Scheme. Don't know/Can't establish. Is the Community Scheme highly vulnerable to a single major employer and/or industry in the area e.g. mining company, minerals, fishing, tourist attraction? * Yes - all owners/tenants/lessees/customers are totally reliant on a single employer/industry. Yes, to a large degree. The majority of owners/tenants/lessees/customers are totally reliant on a single employer/industry. Yes, to a small degree. Some owners/tenants/lessees/customers are totally reliant on a single employer/industry. No, not really. Very few owners/tenants/lessees/customers are totally reliant on a single employer/industry. No, not at all. There is no reliance on a single major employer/industry. Don't know/Can't establish. Submit If you are human, leave this field blank. Δ Navigation Return to Dashboard Return to Output View Return to Members Tools
