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Body Corporate Information & News

SOLAR PANELS IN STRATA: THINGS TO KNOW FOR BODIES CORPORATE AND LOT OWNERS

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By HWL Ebsworth Lawyers on September 21st, 2023 in News, QLD Now more than ever before, Bodies Corporate and Lot Owners are considering solar panels. This is largely due to rising electricity prices and cost-of-living pressures. Deciding whether to purchase and install solar panels can be difficult for standalone homeowners. For Bodies Corporate and their Lot Owners, the decision […]

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The Body Corporate Administrative Fund Explained

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A body corporate must have an administrative fund if is registered under the Standard, Accommodation, Commercial or Small-Schemes modules. Schemes registered under the Specified Two-lot Schemes Module do not need formal administrative budgets. They can, though, agree on certain body corporate expenses to ensure good financial planning. Money paid into the fund The body corporate […]

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