An Owners Corporation is a group of lot owners who share a property with common areas. When you buy a property that's part of an Owners Corporation, you automatically become a member.
The Owners Corporation; made up of all the property owners, must maintain the common property, ensuring legal compliance with the Owners Corporations Act 2006.
The Owners Corporation must meet their legal obligations for insurance purposes to ensure compliance with the Owners Corporations Act 2006.
We ensure that your property is compliant with the Owners Corporations Act 2006, while also making sure that operations run efficiently and smoothly. This includes everything from handling administrative tasks like fee collections to coordinating repairs and maintenance. In addition, we understand that committee members and lot owners may have questions or concerns, which is why we're always available to provide expert advice and support. Whether you need help with a complex legal issue or just have a simple question, we're here to help.
No. If you own a unit in a property with more than two units, you're a member of the Owners Corporation and can't opt out. You're legally bound to comply with the Owners Corporations Act 2006 and any decisions made at the general meetings.
The Plan of Subdivision outlines property boundaries and defines the Owners Corporation's responsibility. Depending on how the boundaries are defined, you may be responsible for some or all of your property's maintenance, or the owners corporation may be responsible.
Internal face: The Owners Corporation is responsible for up to and including the inside of the walls in the units.
Median: The middle of the wall is the boundary between common and private property
External face: The owner is responsible for maintenance of the entire building (roof, gutters, down pipes, etc.)
If you have any more questions about Owners Corporations, please get in touch.
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