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Find out what is Owners Corporation Management and how it works at Strata Consultants Australia. For more info visit our site at https://www.strataconsultants.com.au/what-is-an-owners-corporation
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Owners Corporation ManagementinMelbourne Strata ConsultantsAustralia
An Owners Corporation is a body that collectively manages a multi-occupancy subdivision of a buildingorland.AnOwnersCorporationiscreated when subdividing any property into two or more lots.Thisincludespropertiesclassedasresidential, retail,commercial,industrialormixeduse. What is a Body Corporate or Owners Corporation? ThetermOwnersCorporationisthenewtermfor theoldfamiliarBodyCorporate. WWW.STRATACONSULTANTS.COM.AU
Repairandmaintenanceofthecommonproperty,fixtures andservices Functionsof an Owners Corporation Maintaincorrectinsurance,includingcompulsorypublic liabilityinsurance Providegeneralmanagementandadministrationofland andbuildings Enforcing the Regulations and Rules of the OC; and Providestatutorycertificatestoownersorprospective purchasers(Form4certification). WWW.STRATACONSULTANTS.COM.AU
IfyouownapropertyaffectedbyanOwnersCorporation(formerlyknownasBody Corporate)thenyouautomaticallybecomeamemberofthatOwnersCorporation. Flat,apartments,units,townhousesandcommercialestatesgenerallyinvolvean OwnersCorporationandownersofsuchpropertyareusuallymembersofanOwners Corporation Management, previously known as a ‘Body Corporate’. All Bodies CorporatebecameknownasOwnersCorporationson31December2007. LET’SDISCUSSYOURBODYCORPORATEMANAGEMENTISSUESSPEAKTOASTRATA CONSULTANT WWW.STRATACONSULTANTS.COM.AU
Contactus 1300 917848 Suite809,1QueensRoad, Melbourne, VIC3004 office@strataconsultants.com.au www.strataconsultants.com.au WWW.STRATACONSULTANTS.COM.AU