Body Corporate Establishment Costs & Requirements
There are a number of Body Corporate costs that the original owner (Developer) incurs in the process of setting up and establishing the Body Corporate.
These typically include the following;
- Payment of the first year Body Corporate insurance premium.
- Obtaining an Insurance Building Replacement Report.
- Obtaining a Sinking Fund Forecast Report.
- Providing to the Body Corporate all “as built” architectural, building and landscaping plans, certificates of inspection, and all relevant construction documentation.
Sunstate Strata offer years of experience in helping Developers set up new Strata Titles. Contact us today to discuss your project.
The Managing Director of Sunstate Strata, Bryce Hansen, was formerly a licensed consulting surveyor/town planner. In that capacity Bryce specialized in consultancy advices to builders and Developers in planning and strata titling of new unit developments under the (then) Building Units & Group Titles Act 1980. Today, both Bryce and Josh specialize in setting up of new Body Corporates and can work with you regarding establishment and registration of your new Strata Title scheme.
CHECK OUT OUR LATEST BODY CORPORATE PROJECTS