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Ever thought about joining a Body Corporate Committee but not sure what’s involved? In this article we will explain in simple terms, the duties and functions of each position. These positions range from executive members to ordinary members and non-voting members. To add context, we also include a brief background to how the Committee is…
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This article summarises the changes as a result of the new regulation modules, which commence on 1 March 2021. Some changes will depend on the regulation module each scheme is regulated by. Proactive body corporate managers will be setting up new processes and policies to help guide lot owners and committees around these changes. However,…
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Adversarial mindsets in strata buildings mean that most differences become disputes to be won or lost; rather than challenges to be mediated to a fair compromise between affected stakeholders. And, that has many negative impacts on all strata stakeholders. Inevitably there will be differences between stakeholders in strata, community, and company titled property complexes. But,…
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Most caretaking and letting agreements allow Bodies Corporate to terminate if their onsite manager becomes insolvent. Typically, the process of establishing insolvency is straightforward because the onsite manager is (for example) declared bankrupt or placed into liquidation. But what happens if there isn’t a clear insolvency event? Or the onsite manager claims to be solvent…
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