The Body Corporate Handbook: A Guide to Buying, Owning and Living in a Strata Scheme or Owners Corporation in Australia
DescriptionPopulation growth, rising property prices and the dream of a new lifestyle have made body corporate living more and more popular in Australia. Living in an apartment, unit or townhouse can be a rewarding experience, but body corporate life can also be confusing. In this book, expert author Stephen Raff clarifies the rules and answers vital questions such as:
- What should I look out for when buying a strata property?
- What are the responsibilities of the body corporate, owners and tenants?
- How do committee meetings work?
- What fees will I have to pay?
- Who takes care of maintenance?
- What happens if I get into a dispute?
Packed with revealing case studies and state-specific information, The Body Corporate Handbook is a comprehensive guide to every aspect of strata life for owner-occupiers, tenants and investors.
Chapter 1 - Is a strata property right for you?
Chapter 2 - Seeking out that perfect place.
Chapter 3 - Assessing the building and surrounding property.
Chapter 4- Ways to buy.
Chapter 5 - Responsibilities of bodies corporate ...and owners.
Chapter 6 - Fees and financial management.
Chapter 7 - Executive committees and meetings.
Chapter 8 - Maintenance.
Chapter 9 - Resolving disputes.
Chapter 10 - Selling up.
A final word from the author.
Appendix A: What's yours and what's common property?
Appendix B: Dispute resolution process, by region.
Appendix C: Investigating body corporate records before you buy.
Appendix D: Helpful resources.