What is Strata Management, Body Corporate and Owners Corporation? When should you use one term as opposed to another? Do they all mean the same thing? Why are there different terms? We regularly hear these questions from our clients. This article will outline some specifics about each term – Strata Management, Body Corporate and Owners Corporation.
To begin, the terms you use will be determined by the state in which you reside.
In QLD, the Body Corporate is the legal entity that owns the common property in a building. It is a Body Corporate management company that provides the Body Corporate with a Body Corporate Manager to provide strata management services. The body corporate services provided are the same as the services you would expect from a Strata Manager in NSW, obviously in adherence to the QLD Body Corporate Legislation, though.
Also in QLD, the term Committee, refers to all parties involved with decision making and day-to-day management of the Body Corporate, both Executive and Ordinary members. The Executive Committee is composed of the Chair, the Secretary and the Treasurer.
It’s simple – we exist to empower our clients to make the right decision on behalf of their communities.
Using our bespoke network of systems, dashboards and portals, we are able to identify and develop innovative solutions that empower our clients, giving them a seamless experience and connection to their strata community.
We will set you up with a team of experts who act as your personal advisors, transitioning your experience as part of an Owner’s Corporation from one of burden, to one of pride.
If you have any feedback regarding the service you are receiving from Civium Communities we would love to hear it.
Our Head of Communities, Jarrod Smith, can be reached at email@example.com; or call 1300 724 256