Your Guide to Living Within Alamora Owners Corporation

Your Guide to Living Within Alamora Owners Corporation

Are you a new member of the Alamora community or just looking to refresh your knowledge about living in an Owners Corporation (OC)? Here are some essential points from the updated Owners Corporation Guide that every property owner should know:

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What is an Owners Corporation?

What is an Owners Corporation?

An owners corporation, also known as a body corporate or strata corporation, is a legal entity created to manage and govern the common areas and shared amenities of multi-unit properties or developments. It is typically formed when a property is subdivided into individual lots, units, or townhouses, where multiple owners coexist in a single building or plan of subdivision.

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What is an Owners Corporation Committee?

What is an Owners Corporation Committee?

An owners corporation committee, also known as a strata committee or executive committee, is a group of owners or representatives elected by the members of the owners corporation at an Annual General Meeting to manage the day-to-day affairs and make decisions on their behalf. The committee serves as a liaison between the owners and the owners corporation.

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Parking on nature strips is illegal

Parking on nature strips is illegal

Council has a legal obligation to enforce the Victorian Road Rules, including those related to vehicles parking on nature strips.

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