What are Owners Corporation Fees? Paying Owners Corporation Fees is a fundamental part of living in a strata scheme. When sharing a building or common property with other owners, it is only fair that all contribute to the upkeep and running of the Owners Corporation. Travis Henry, Senior Accountant for SSKB stated “Prompt payment of contributions by owners is essential to ensure the scheme can operate smoothly and efficiently. Adequate funding/cash flow allows services to be provided for the benefit and enjoyment of all owners. In turn a well maintained and presented scheme generally commands higher relative asset values compared to one that isn’t.” So, what do the Owners Corporation Fees contribute to? Your Owners Corporation can set both annual and special fees.