Do small owners corporations need to hold AGMs in a 4-unit strata scheme?

By admin,

We've bought a unit in a 4 unit strata complex in Northern Melbourne. The only common property is the driveway and the only expense is the strata insurance policy covering all 4 units.

Are we legislated to hold AGMs or carry out any other activities in terms of the owners corporation?

Can a townhouse be insured separately in a service-only owners corporation?

By admin,

We have two older units with a common driveway and a separate townhouse built on a block of land on the front of the block. It was subdivided off the original block but does not share any common property. There is a secondary ‘services only’ owners corporation between the two units and townhouse which was set up purely for Water easement.

Can the townhouse be insured separately as it is a service-only OC with no common area?

Do owners corporations need a valuation every 5 years under Victorian law?

By admin,

Does the new legislated requirement in Victoria for Owners Corporations with 3 or more lots that came in on 1 December 2021 require them to conduct an Insurance valuation at least every 5 years?

Should all OC's that have not had a valuation at all or in the last 5 years have one over the next few months?

How to find a property owner in a duplex and handle shared insurance costs?

By admin,

I own a duplex. We have always divided the building insurance for the duplex between both owners. A few years ago, I put my unit up for rent. As I no longer live at the address, I've only just discovered that my next-door neighbour sold their unit and the new owner rents out their property as well. Our renewal for building insurance is due and I am trying to locate the details of the new owner.

How to Reactivate an Inactive Owners Corporation for a Small Subdivision (Even Without Owner Details)

By admin,

I own a townhouse in a subdivision containing three townhouses plus common property. I want to reactivate the owners corporation. I don't know the property owner details of the other two townhouses. Are there any professionals who can assist?

Can a chair berate members and what action can be taken?

By admin,

Upon opening of, or immediately preceding a Committee Meeting, is it permissible for the Chair to launch a tirade against another Executive Committee member simply because that member disagrees with a decision made by the Committee?

Belittling other Committee members in front of all present seems to me to be totally inappropriate and unacceptable. I have never seen this before on any Committee anywhere.

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