Tag: Victoria
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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…