Who Pays for Repairs and Maintenance of Owners Corporation Property: NSW
Farewell to confusion—presenting your quick reference guide. The following determines who pays for repairs and maintenance of Owners Corporation property. Outlining the people accountable for covering repair and maintenance expenses within an Owners Corporation property. When it comes to communal living, the Owners Corporation often shoulders the responsibility for maintaining common property. While the individual […]
A Guide to Owners Corporation Insurance – VIC
Owners Corporation Insurance in Victoria can be complicated, leaving many Owners unclear about what the Owners Corporations responsibility is, what is covered by the Owners Corporation and what must be covered by individual Owners. In this article we will guide you through the different types of insurance and how they might apply to you. What […]
A Guide to Owners Corporation Insurance – NSW
Owners Corporation Insurance can be complicated, leaving many Owners unclear about what the Owners Corporation responsibility is, what is covered by the Owners Corporation and what must be covered by individual Owners. In this article we will guide you through the different types of insurance and how they might apply to you. What insurance is […]
Owners Corporation Levies 101 – NSW
One of the benefits of living in an Owners Corporation is that each Owner contributes to the future upkeep of the property. It is important as an Owner, to understand your Owners Corporation levies. In this article, we will share financial tips to help manage the financial responsibilities of your Owners Corporation. What are the […]
Body Corporate Levies 101 – QLD
One of the benefits of living in a Body Corporate is that each Owner contributes to the future upkeep of the property. It is important as an Owner, to understand your Body Corporate levies. In this article, we will share what makes up Body Corporate levies, how Sinking Funds and Administration Funds are financed, and […]
New Tenancy Laws for Queenslander’s – How will this affect Owners?
The new tenancy laws for Queenslander’s taking effect from October 1, 2022, will affect the way Bodies Corporate handle maintenance and by-law issues. The changes will be rolled out under Stage One of Queensland’s Housing Legislation Amendment Act 2021 (HLA Act) to regulate rented properties across Queensland. The primary goal of the new regulations is […]
Rate Hike Set to Impact Brisbane Short-Term Accommodation Properties
The Brisbane City Council has warned property owners who list their homes on sites like Airbnb as short-term accommodation properties will be hit with a 50 per cent rates hike. Brisbane homeowners who list their properties as short-stay accommodation will be faced with two choices – return your home to the rental market or pay significantly higher […]
