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What Repairs Are Body Corporate Responsible For?
Whether you are an owner or property manager – it is absolutely crucial to understand the division of responsibilities between the private lot and the owners corporation. Often when uncertainty…
Is a Body Corporate Compulsory in Victoria?
An owners corporation (formerly body corporate) is the legal entity that owns and is responsible for managing the common property on strata titled plans of subdivision. The legal framework in…
Does Strata Cover Building Insurance?
Strata building insurance covers the building, common area contents, loss of rent/temporary accommodation, and public liability (of common areas). Committees should always ensure there’s coverage for personal accident/voluntary works, legal…
What is a Strata Committee?
A Strata Committee is elected at the AGM to represent the Owners Corporation in day-to-day decision making. Committee Members can be elected from lot owners or lot owners’ proxies who…
What is the Process to Become a Registered Body Corporate / Owners Corporation Manager in Victoria?
In Victoria, the process to become a registered Body Corporate / Owners Corporation Manager is surprisingly simple. There is no education or certification requirement (the industry has long…
What is the Difference Between Owners Corporation, Body Corporate, and Strata Management?
Yes, you have probably noticed that we here at Strata Management Consultants ™ have been using these terminologies interchangeably. We apologise for the confusion. In NSW, Strata Title was invented…
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