As with any community an owners corporation requires rules to balance the obligations and rights of owners and occupiers of lots.
There are prescribed Model Rules...
A committee:
is appointed at the annual general meeting
is required to be elected if the owners corporation affects more than 13 lots;
may be elected if there...
Good budgeting is essential to the smooth running of an owners corporation.
Why have a budget?
An owners corporation has a number of obligations including:
maintaining common property...
As owners corporations consist of multiple members there needs to be a basis of decision making.
The legislative framework provided in the Owners Corporation Act provides...
You’ve heard the term before. But what does a strata committee actually do? And why are they essential in owners corporation management? To answer questions...