How Does a Body Corporate Work?
In South Australia, each new Strata or Community titled property automatically creates its own legal entity called the Body Corporate. The primary function of the property’s Body Corporate is to manage and maintain the common property for all unit owners, oversee all other property of the corporation, and to enfo
Read MoreDoes Strata Cover Water Damage?
When water damage occurs at a strata property, the immediate concern is to find the source of the damage and fix the issue as soon as possible. However once remedied, the questions looms: Who is going to pay for the damage? Who is responsible for the water infiltration? Depending on the cause of the water leak a
Read MoreDo I Need Building Insurance for a Strata Unit?
Strata insurance and building insurance are often used interchangeably, but they’re slightly different. Strata insurance policies have several areas of cover. One of the areas covered under a strata insurance policy is the building. So the building insurance will be a part of the strata insurance taken out by
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