Information Bank
Learn about a Body Corporate, Owners Corporation, Strata Corporation, Management Corporation, or Strata Company for each state in Australia. Ace Body Corporate believes in contributing to strata industry and welcomes feedback and enquires about our operations and performance benchmarks.Please select your state from the list below to learn more about Strata / Body Corporate / Owners Corporation
Information Articles
Ace Body Corporate believes in contributing to strata industry and welcomes feedback and enquires about our operations and performance benchmarks.
What is an Owners Corporation and Why Do They Exist?
Owning property in Australia, particularly in urban areas, often involves becoming part of a strata-titled property. These properties are unique in that they include both privately owned lots—like apartments, townhouses, or even car parks—and shared...
What Are the Levies in Strata Schemes?
Introduction to Strata Levies Have you ever wondered what those regular payments, known as levies, are used for in your strata property? Levies are essential for maintaining and managing your strata scheme. These contributions, paid...
Owners Corporations: What to Expect as a New Strata Owner
Introduction to the Owners Corporation Congratulations on your new purchase! Whether it’s your dream home or a smart investment, exciting times are ahead. As you embark on this property journey, here are a few key...
What to Expect from Your Body Corporate Manager
As an owner of a strata property, knowing what to expect from your body corporate manager is key to the smooth and efficient management of your community. At ACE, we pride ourselves on providing excellent...
Why Owners Corporation Insurance is Important
Being a strata owner comes with many responsibilities not just for your individual unit but for the whole property. One of the most important parts of managing a strata property is getting comprehensive Owners Corporation...
Types of Records that Owners Corporation Keep
Owners corporations, or body corporates, play a critical role in managing the collective interests of property owners in a strata scheme. They are responsible for maintaining various types of records that aren’t only legally mandated...
8 key points that strata property owners must know about the Owners Corporations Act amendments 2021
In an effort to improve upon existing legislation and further protect those who are a part of owners corporations, the Victorian Parliament passed the Owners Corporations and Other Acts Amendment Act 2021. The amendments will...
Dealings with Defects: A 2021 Update
Propelled into the headlines by the Lacrosse Apartments fire and the Opal and Mascot Towers cracking issues – building defects have sent shivers down the spines of strata property owners and communities in recent years....
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