There are about 25,000 duplexes in Queensland. When selling a duplex, a problem can arise for the buyer, the seller, or both. There can be some significant blind eye and misinformation being transacted. At one extreme is a duplex that is under body corporate administration by a body corporate manager. In a recent example, the […]
Back in May 19, an EGM for one of our schemes was held that resolved to move airconditioning condensers to a new location on common property. The six condensers, which are utility infrastructure that forms part of common property (but are maintained by lot owners) were causing nuisance to some lot owners and this is […]
Unpaid levies can be a financial headache for a body corporate, particularly a small body corporate. When the committee has taken all the inital actions of confirming that levies are getting through to the lot owner and sending reminders, what can they do? The BCCM regulations require that they must take action if the debt […]
Lot owners have the right to propose a general motion to appoint a body corporate manager of their preference. Their choice of body corporate manager may not match the committee’s preference. In such cases, a motion with alternatives will appear on the AGM Notice of meeting. Lot owners will then get an opportunity to vote […]
A very important concept is to realise that the BCCM legislation complicates whether the body corporate or lot owner should be attributed the ownership, maintenance or insurance responsibility for specific infrastructure. Let’s go through a couple of examples that are relevant for schemes surveyed as building format plan. Take airconditioning. In the case of an […]
This month, a lot owner’s hot water went cold. A plumber was called who found no issue with the plumbing. Eventually, Energex was called and identified a fault in the electrical infrastructure on the property. They also stated that other lot owners would have been affected in the same way. The plumber charged $200. The lot owner asked the plumber […]
We occasionally get one of the questions listed below from a prospective lot purchaser. Recently, a client using our bookkeeping service received these questions. In small schemes, committees can struggle with an answer particularly when the lot owner selling is well regarded by the committee and the committee wants to be helpful. As always, the committee needs to […]
A recent storm on the Gold coast affected one of the schemes that we manage. There was water damage to two lots after severe hail cracked and lifted tiles above their townhouses. The scheme is on a building format plan of survey so the impact to the roofing above the two lots was a body corporate responsibility. The […]
A property manager of one of our clients queried the format of the levy notice that we issue on behalf of a body corporate that we manage. They suggested that they might have to withold tax because the body corporate did not have an Australian Business Number (ABN). The body corporate is a small scheme that […]
Tracsafe can help you terminate your body corporate manager contract. The sad part is when we encounter an existing body corporate manager behaving poorly both as schemes try to leave and subsequently as schemes switch to a new body corporate manager. In the case this month, the body corporate manager had signed a three year contract with […]