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BODY CORPORATE BANK ACCOUNTS

One of the general functions of a body corporate is to administer the common property and body corporate assets for the benefit of owners of lots in the scheme. This includes maintaining common property and, in some circumstances, taking out insurance policies. The funds to finance insurance or maintenance are from owner contributions. But who…

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DO WE NEED A THIRD FUND?

If you always do what you’ve always done, you’ll always get what you’ve always got. This article leads on from my earlier article on Making your Scheme Competitive to Insurers and the idea I present today stems from a discussion I had with a developer client in WA. They have a $100+ million building in northern WA…

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FIRST COMMUNITY TITLE SCHEME DEMOLISHED UNDER BUY-BACK PROGRAM

Minister for Fire and Disaster Recovery and Minister for Corrective Services The Honourable Nikki Boyd Demolition is now underway on the first community title scheme to have achieved voluntary home buy-back as part of the $741 million Resilient Homes Fund (RHF), jointly funded by the Australian and Queensland Governments. The unit complex in Mill Street,…

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COMMUNITY EDUCATION SEMINARS – SERIES WRAP UP (PRIZE WINNERS ANNOUNCED)

29th May saw the last of our Community Education Series events, finishing off in Brisbane, today we are providing a wrap up on the entire series and announcing the events lucky prize winners! Throughout the series, we focused on the crucial areas of the new Legislation Changes – Pets, Parking, Smoking and Scheme Termination, our…

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