A Guide to the Financial Obligations of your Owners Corporation – VIC
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 expenses. In this article, we will guide you through the financial obligations of your Owners Corporation. An Owners Corporation is responsible for […]
Owners Corporation Meetings 101 – VIC
Effective Strata Meetings are essential to the successful running of your Owners Corporation and ensuring that your scheme is running in accordance with its legislative obligations. Being prepared and efficient can make all the difference to your meetings and ensure your meeting is a successful one. In this article, our SSKB Owners Corporation Managers provide […]
Owners Corporation Rules 101 – VIC
One of the primary functions of the Owners Corporation is to regulate the use of the lots and Common Property within the scheme, for the benefit of all Lot Owners. The Owners Corporation does this by establishing and enforcing Owners Corporation rules. It is important that all parties involved understand their rules and the procedures […]
Your Role as a Lot Owner in an Owners Corporation – VIC
If you are new to living in an Owners Corporation, you may be wondering what your role as a Lot Owner involves. The team at SSKB have broken down your responsibilities into 4 points: Ensuring your contact details are up-to-date on the Owners Corporation Register Maintain your lot Paying Contributions Living together and abiding by […]
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, […]
Rental Reform – What Landlords need to know
More than 130 new rental laws came into effect in Victoria on 29 March 2021. In Victoria, 1 in 4 people rent their home. The Victorian Government says the reforms will “make renting fair for all Victorians”. The changes to the law clarify the rights and responsibilities of renters and rental providers. The team at SSKB […]