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How to Live Harmoniously in a Strata Title

The current property market in Queensland has seen a growing increase in apartment living, with many of these buyers being new to Body Corporate. As an owner it is important to familiarise yourself with how to live harmoniously in a Body Corporate Community.   A recent article in the Courier Mail shared some of the most […]

The Purpose of the Body Corporate – QLD

When first purchasing in a Body Corporate, many questions arise. Who is the Body Corporate, what is the purpose of the Body Corporate, how is the Body Corporate financed, how does the Body Corporate make decisions and more!    SSKB Community Manager and Team Leader stated, “For any new owner, I would stress the importance of […]

The Purpose of the Owners Corporation – NSW

When first purchasing in an Owners Corporation, many questions arise. Who is the Owners Corporation, what is the purpose of the Owners Corporation, how is the Owners Corporation financed, how does the Owners Corporation make decisions and more!  The Owners Corporation The Owners Corporation is made up of all Owners in a Strata scheme. When […]

Owners Corporation Secretary Responsibilities

In an Owners Corporation, a new Committee is elected at each Annual General Meeting by the lot owners. This Committee is responsible for the administrative and day-to-day running of the community, including making decisions on behalf of lot owners, and enforcing lawful decisions of the Owners Corporation. Committees are comprised of the Chairperson, the Secretary, […]

Owners Corporation Chairperson Responsibilities – NSW

In an Owners Corporation, a new Committee is elected at each Annual General Meeting by the Lot Owners. This Committee is responsible for the administrative and day-to-day running of the community, including making decisions on behalf of lot owners, and enforcing lawful decisions of the Owners Corporation. Committees are comprised of three executive members – […]

Owners Corporation Roles and Responsibilities You Need to Know – NSW

Every Owner of a lot in a strata scheme is automatically a member of the Owners Corporation. The Committee is made up of volunteer Owners from the Owners Corporation.   Owners Corporation   The Owners Corporation is made up of all the owners in a strata scheme.  When you buy a property in a strata scheme, you […]

Body Corporate Roles and Responsibilities You Need to Know – QLD

Every Owner of a lot in a community titles scheme is automatically a member of the Body Corporate. The Committee is made up of volunteer Owners/Representatives from the Body Corporate. The Body Corporate Legislatively, Bodies Corporate performs a limited purpose. They must: Administer the common property and the Body Corporate assets for the benefit of […]

Is your Building Insurance Valuation up to date? – QLD

In Queensland, we have been experiencing some wild weather this summer season. It is important that your building has an up-to-date insurance valuation and has sufficient cover in the event that your Body Corporate is required to make a claim due to the aftermath of storm season or any general insurance claim is required. Property […]

What is a Body Corporate Sinking Fund? – QLD

When it comes to sinking funds, we have heard it all. From “why do I need a sinking fund, my building isn’t sinking” and I guess you can imagine the rest!  If we weren’t in the Strata industry, chances are we would have thought similar things. In this article we will share all you need […]

What is a Capital Works Fund? – NSW

If you live in an Owners Corporation in New South Wales, your scheme will be required to have a Capital Works Fund.    The money in a Capital Works Fund can be spent on several different things such as:  major painting to common property;  basement car park marking;  repair concrete roadways and driveways;  replacement motor to […]