No two people or properties are the same. As such, your owners corporation is also unique, and State Owners Corp understands that there is no “one size fits all” answer. As community living rises in popularity in Australia, the benefits and responsibilities of contained lifestyles and affordable asset ownership are more apparent – as are the complexities.
With new options and spaces for multi-residential and mixed use residential and commercial developments, the need for legislation and regulations to control, direct and protect the interests of all involved becomes incredibly important. This is where your owners corporation comes in.
An owners corporation (formerly body corporate) manages the common property of a residential, commercial, retail, industrial or mixed-use property development. When you purchase a property in a subdivision you automatically become a member of the Owners Corporation.
An owners corporation maintains the common property for the benefit of all members and also provides services to the members.
With many diverse opinions and needs, hiring an experienced owners corporation manager means you can cut through the complexities and enjoy the benefits of community living.