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Owners Corporation Manager Information Page
Understand Strata Management with this Five-Minute Guide
Managing your strata property is as important as acquiring the property in the first place. Strata schemes that record tremendous success have a history of skilful management. However, many lot owners do not fully understand the management role in their strata scheme.
Most Recent OC Manager Articles
NSW: Can the strata manager share a draft building management agreement with owners? - Question: I am the owner of management rights in a NSW strata scheme and our agreement is due to be topped up. During negotiations with the committee, the strata manager has circulated the draft agreement to non committee lot owners. Is this the usual process? I am the owner of management rights in a NSW strata scheme and our agreement is due to be topped up. At our last AGM, it was "RESOLVED that the owners corporation delegate to the strata committee the negotiation of a new 10yr Building Management agreement with the owner. I tabled slightly alerted agreements to…
ACT: Can admin fund expenses be paid from the sinking fund if the admin fund is in deficit? - Question: Our OC's General (Admin) Fund is in deficit and the strata manager has been paying day-to-day and reoccurring costs (including their monthly strata management fees) from the Sinking Fund. The EC has agreed to this arrangement, but the OC hasn't agreed. Is this legal and what can be done about it? Answer: The most appropriate course of action is to review the cause/s of the budget shortfall and address these appropriately. The actions detailed within the question are improper, to the extent they are in contravention of the Act. Sections 82 and 83 define the purposes for which the…
Our articles and Q&As about Owners Corporation / Body Corporate Managers have been arranged by State
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National Owners Corporation Manager articles
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New South Wales
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Queensland
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Victoria
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Australian Capital Territory
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South Australia
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Western Australia
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