Most people have heard of the term “conflict of interest” and have a general idea what this means in business. However; the term is used for a specific set of circumstances when it comes to Bodies Corporate. Whether or not a conflict of interest exists for a Body Corporate member, we firstly need to apply…
There are two sets of minutes that must be kept by every body corporate. Those at committee level and those at general meeting level. This article deals with what must happen at committee level. Everyone has seen some version of minutes somewhere. It could be from their local sporting club’s Annual General Meeting or that…
Former Queensland Premier Sir Joh Bjelke-Petersen’s “crane index” has shot through the roof in South-East Queensland. But what happens when a Developer wants to swing a crane through your Common Property airspace? The short answer is they can’t swing that crane without Body Corporate consent. Most Bodies Corporate will grant consent, once the right deal…
Last week we discussed how to form a Committee, and this week we look at the next steps in the process when a Committee cannot be formed at the Annual General Meeting (AGM). It is a requirement of The Body Corporate and Community Management Act 1997 that a Committee is formed at the AGM, and…