Ace Body Corporate Management outlines the delicacies of body corporate
The advisory business is of the opinion that with a professional body corporate manager, the body corporate is sure to provide the maximum value and service for the owners. If a person owns a property with a body corporate, he is a part of the growing style towards community living. He retains the benefits of privacy as well as lifestyle without the responsibilities and work of a larger property.
According to Ace Body Corporate Management, when the registration of a ‘plan’ of subdivision takes place, a "Body Corporate" becomes incorporated. Bodies Corporate regulations are governed by a legislation that has undergone many revisions. As an owner, the person becomes the member of the body corporate.
When a portion is sold, the new owner turns into a member. A tenant who pays rent to the owner is not a member of the body corporate and does not need to interact with the body corporate. The responsibilities of compliance, financial, insurance and essential services matters are usually delegated to a professional manager. 12.12.2007
Contact Ace Body Corporate Management
Tel: 03 9585 3055
