Among the various meetings held by the body corporate, the Extraordinary General Meeting (EGM) stands out as a significant event. It is crucial to provide a mechanism for addressing urgent issues and making important decisions outside the regular meeting schedule.
Understanding Extraordinary General Meetings (EGMs) in a body corporate Read More »
Common property is a defining yet sometimes confusing aspect of living in a body corporate scheme. Understanding what constitutes common property, its maintenance, and the responsibilities surrounding it is essential for all owners within a scheme.
Common property in a body corporate Read More »
In this article, we look at the basics of body corporate budgeting, including how the budgets are prepared and approved, where and how the money is spent, and what you can do if you believe the budgets and levies are excessive or not enough.
The basics of body corporate budgeting Read More »
Like any communal living arrangement, disagreements can and do arise amongst residents. This article looks at the process of self-resolution and resolving disputes with other residents in a body corporate scheme.
Resolving disputes with other residents Read More »
Many body corporate decisions are decided by vote at either an annual general meeting or an extraordinary general meeting. This article looks at the different types of resolutions and the criteria required to determine an outcome.
Voting in a body corporate: General meeting resolutions Read More »
Ensuring the safety, security, and functionality of all rental properties in Queensland is the goal of minimum housing standards, which came into effect on September 1, 2023. Any new lease signed or renewed after this date must adhere to these standards. For existing tenancies, the minimum housing standards will be enforced from September 1, 2024.
Minimum housing standards for Queensland tenants Read More »
Exclusive use (EU) areas are areas within a body corporate scheme allocated for the exclusive use of a particular owner or group of owners. While these areas are typically considered common property, they are allocated for the specific benefit of the individual owner or owners. In this article, we look at examples of exclusive-use areas and the rights and responsibilities of the lot owner benefiting from them.
Exclusive use areas in a body corporate Read More »
Navigating the world of property ownership involves understanding various terms and concepts, especially when it comes to shared spaces and communal living arrangements. In this article we look at common terminology used in body corporate schemes and explain in simple terms, what they mean to you.
Common Body Corporate Terminology Read More »
Self-managing your body corporate can be a complex and time-consuming task. This is where outsourcing can be a game-changer. In this blog post, we’ll look and what does a body corporate manage do and five reasons why partnering with a professional is the right decision.
What does a body corporate manager do? 5 reasons to partner with a professional. Read More »
Regardless of where you live, disputes are an inevitable part of communal living. Whether in a bustling inner city neighbourhood, a tranquil suburban street, or within the confines of a body corporate community, conflict can arise, and while formal dispute resolution processes exist, there is a compelling case for seeking amicable resolutions.
The art of amicable dispute resolution Read More »