A lot owner has the right to submit a motion for consideration at an AGM provided it is submitted before the end of thefinancial year. Without lot owner consent, the Secretary must reproduce the motion and any explanatory note on thenotice of AGM without modification. Committee options We recommend that a committee should consider a […]
It is always the reposnsibility of the committee when dealing with perimeter fences that separare body corporate scheme land from an adjoining neighbour. However, this is not the same when dealing with trees. One of our schemes was recently asked to remove a tree that was impacting a neigbour. The neighbour had filled out the […]
Recently, a lot owner in a large complex with a basement carpark had an issue regarding their car park space which had been allocated to their lot as an exclusive use area (EUA). They were parking their mobility scooter at the rear of the area where they parked their small car. Both the car and […]
If you are a new lot owner in a Queensland body corporate, then we have a quick read for you. Download our must read e-book that explains what to do next and how it all works.
Fun fact! There are no body corporate policemen. The Queensland Body Corporate and Community Management (BCCM) legislation is overwhelming. The Act combined with the associated regulation together exceeds 600 pages. The documentation is extremely prescriptive. For a self managed scheme, this can be very helpful so that committees can use the documentation to administer their […]
We’ve just finished successfully setting up a new DIY client who has terminated their existing body corporate manager. Unfortunately, this was done just prior to the end of the financial year of the body corporate and we were required to reconstruct in excess of 300 transactions. The prior body corporate manager was not helpful and […]
Since November 13th 2023, the ATO no longer permits tax agents to assign themselves as the tax agent for your body corporate. The tax agent can only become the organisation’s agent after an authorised person of the body corporate has nominated the tax agent in the ATO online portal. If your body corporate doesn’t have […]
Both penalties and discounts are permitted to be applied to levies issued by bodies corporates that are regulated by the BCCM Act. However, it is our experience that penalties are best applied on all levies but that discounts are only applied in special circumstances. The Act permits a maximum levy penalty rate of 2.5% per […]
Many body corporate managers charge the body corporate for issuing notices when a lot is in arrears. The body corporate passes this fee onto the lot owner as a lot expense so – the impact to the body corporate is neutral; the body corporate manager happily receives additional remuneration; but the lot owner gets to […]
We recently added support for levy payment by BPAY for our DIY bodies corporate. However, the issue of bank expenses for the body corporate will be difficult to justify for many small bodies corporate. Firstly, there is a bank setup fee, typically $150. Then there are monthly banking charges, typically $10 per month. Lastly, there are individual transaction […]