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Body Corporate Insurance Premiums And Excesses
A Body Corporate must take out body corporate insurance for its Community Title Scheme. Each owner must pay part of the costs for that insurance. The Body Corporate collects money for the insurance...
Committee Spending
*The following information is for community titles schemes registered under the Standard, Accommodation and Small Schemes module. Committee Spending And Spending Limits The relevant limit for...
Why Do I Need A Strata Inspection Report?
When buying a unit it is very important to obtain a Strata Inspection Report. A Strata Inspection Report does not replace a building report however it provides important information about what is...
REMINDER: Changes to DEFT Payments at Australia Post
There Have Been Changes to DEFT Payments At Australia Post. You may be aware that on 1st October 2016 a $2.75 processing fee was introduced for DEFT payments made at Australia Post outlets. When you...
Can you build a contingency into a Body Corporate Budget?
Can You Have A Contingency in a Body Corporate Budget? Contingency is a future event or circumstance which is possible but cannot be predicted with certainty. So Can you have a line item as a...
Living or Investing In A Community Titles Scheme
Owning A Lot In A Community Titles Scheme Owning a lot in a community titles scheme brings certain obligations beyond those of owning a detached house. You should carefully consider whether living...
