An Owner’s Corporation Committee represents all owners in the property, so it is vital that all potential conflicts of interest be declared and avoided where possible. This ensures that all decisions made are in the best interests of the whole Owner’s Corporation, not the individual making the decision.

As more and more people are looking for apartment and community living choices, Owner’s Corporations are becoming increasingly popular. Knowing the differences between buying into an Owner’s Corporation and buying a standalone property before you purchase can save a lot of headaches in the future.

Communication is a key component of a good Owner’s Corporation. Having a correspondence plan that allows the Committee to keep the owners informed in a timely, concise and accessible way can make all the difference between a well-run Owner’s Corporation, and one that always seems to run inefficiently.

A key component of a good Owner’s Corporation community is safety and security. Ensuring that tenants and owners can feel their home is a sanctuary increases the potential tenants, investors and improves the satisfaction of those already in the community. Secure access The first point of security is access to the property. This can be […]

Balconies, lawns, fences and gardens can make up a great deal of common land in Owner’s Corporations, but they can have uses beyond just being decorative, and can even add to the value of the property if done well.

An Owner’s Corporation has many different responsibilities. At any one time, the committee may need to liaise with an electrician, respond to a notice from the local council, plan a community event, mediate a disagreement between lot owners, and chase up levies in arrears. Knowing who to contact for all these items isn’t as complicated as […]

Maintenance and repair is a major part of an Owner’s Corporation. Having a good manager means you will have a good maintenance plan, but what happens when the unexpected occurs? What repairs are the Owner’s Corporation responsible for? The general rule is that if it’s in a common area, it’s the responsibility of the Owner’s […]

Owner’s Corporations can’t run without fees and levies, they generate the necessary funds that are used for maintenance, insurance and all other important expenses. Making sure the notices for these are issued on time, and in a clear and concise manner makes it much more likely that they will be paid promptly, avoiding unnecessary delays […]

A property development requires a large investment of time, expertise and capital. Choosing Mayfield as a partner early on can help smooth out some potential problems, as well as gain you sound advice that may even see a bigger return on your investment.

Recent issues with cladding and insulation have highlighted the dangers of using non-compliant materials for maintenance or new structures, but what are the dangers of this, and how can it be avoided?