The following Q&A about Northern Territory strata duplex rules has been contributed to by Rob Harris, Director, NT Property Management trading as Ace Body Corporate Management (Darwin NT).
Question: What are the strata duplex rules? Are we required to have a registered body corporate or is splitting expenses ok?
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Last year I sold one unit, half of our duplex. We have one shared water meter and a joint building insurance.
What are the strata duplex rules? Are we required to have a registered body corporate, or is splitting expenses between the two of us ok?
Answer: Duplex sub divisions may be managed but there is no requirement.
Duplex sub divisions may be managed (we manage several on behalf of Defence Housing Australia) but there is no requirement.
It is perfectly OK to split expenses as long as the relationship between the two owners is sound.
If the relationship breaks down it can cause issues, for example who pays for the insurance, in which case it is better to have the duplex managed by professionals.
This post appears in Strata News #154
This article is not intended to be personal advice and you should not rely on it as a substitute for any form of advice.
For more information about a Northern Territory strata duplex rules or more general articles about strata legislation in NT, visit our FactSheet: Your Strata Levies OR FactSheet: NT Strata Legislation