Tag: strata
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What is an Owners Corporation in Victoria? A Plain English Guide for Property Buyers
If you’re buying an apartment, unit or townhousein Victoria, you’ll almost certainly encounteran owners corporation — and understanding howit works could save you thousands of dollarsand years of frustration. Here’s everything you need to know, in plainEnglish. What Is an Owners Corporation? An owners corporation (previously called a bodycorporate) is a legal entity that automaticallyforms…
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10 Red Flags to Look For in a Victorian Strata Report Before You Buy
Buying an apartment or unit in Victoria is one ofthe biggest financial decisions you’ll ever make.But while most buyers focus on the property itself,the strata report — or owners corporation (OC)documents — can reveal serious issues that affectyour investment for years to come. In Victoria, what other states call a “strata report”is actually a collection…
Vic Property Guide 