Author(s): Paul Winstanley
A well-run body corporate is a bonus to any apartment complex, timeshare or retirement village; and a poorly run body corporate can cause huge financial damage to the success of a scheme, as well as creating stress for owners and investors.This book is an absolute must for apartment owner-occupiers, investors, tenants, real estate agents and property managers. It is a source of thorough, user-friendly information about how the body corporate process works, the terminology, the legal issues, how to run meetings, how to budget and make financial decisions, issues of safety and security, sinking funds, etc. It also gives a useful list of questions to ask when buying an apartment or unit.Topics include: What is a body corporate? Buying into a body corporate Why pay annual levies Body corporate rules What do body corporate contractors do?
* The body corporate committee How to run an AGM Maintenance plans and sinking funds How to choose tenants How to deal with conflict What your should know when selling your apartment