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INTRODUCTION

Norman Mermelstein & Neville Sanders, Accredited Owners Corporation Specialists

The registration of a plan of subdivision, which contains common area, in an:

  • industrial;
  • commercial;
  • retail;
  • residential; or
  • combined use complex,

automatically creates an "owners corporation" (previously known as the "body corporate").

Common property is held by the registered owners of individual lots as tenants in common and usually includes gardens, walkways, foyers, storage areas, elevators, stairs, driveways, and communal facilities such as gymnasiums, swimming pools, recreational areas, meeting rooms and air space.

An owners corporation has statutory rights and obligations for:

  • the welfare and maintenance of the common property; and
  • the owners and tenants who have a legal interest.

This chapter will focus on the rights and responsibilities of people working and living in these communities and the dispute resolution processes that are available.

Governing legislation

The governing legislation includes:

Amendments to the OC Act that commenced on 1 January 2011 are discussed below.

Consumer Affairs Victoria (CAV) administers the OC Act and the OC Regulations.

All section references in this chapter are references to the OC Act, unless otherwise stated.

INTRODUCTION :: Last updated: Thu Jul 1st 2010