SUMMARY

The Body Corporate is responsible for managing and maintaining the shared property and ensuring the smooth operation of the sectional title scheme. In return, members gain access to a well-maintained, secure, and financially stable environment that protects and enhances the value of their investment.

Key Responsibilities

Maintenance of Common Property

Ensuring buildings, gardens, security systems, and shared areas are properly maintained.

Financial Management

Preparing budgets, managing levies, maintaining reserve funds, and ensuring transparent financial reporting.

Enforcement of Rules & Compliance

Ensuring all owners and residents follow the scheme’s conduct rules and legislative requirements.

Responsibilities

The Body Corporate is legally responsible for the administration and supervision of the sectional title scheme. Key duties include:

JPM's management covers this issues. Demolishing the labour required by the body corporate.

Maintenance & Repairs:
Upkeep of common property such as gardens, hallways, roofs, fences, parking areas, and shared facilities.
Financial Administration:
Preparing annual budgets, setting levies, managing a reserve fund, and producing accurate financial statements.
Insurance Management:
Ensuring the buildings and shared property are properly insured at replacement value and managing insurance claims.
Rule Enforcement:
Enforcing conduct and management rules to ensure safety, harmony, and compliance with the Sectional Titles Schemes Management Act.
Record Keeping & Governance:
Keeping minutes, resolutions, attendance registers, and relevant documentation. Holding AGMs/SGMs where owners can vote on matters.
Risk & Security Oversight:
Ensuring reasonable safety standards, managing security service providers, and reducing liability risks.
Contractor & Service Provider Management:
Appointing and supervising contractors, maintenance staff, security companies, cleaners, and administrative support.

Benefits

Members of the Body Corporate benefit from:

Preservation & Increase of Property Value:
A well-maintained scheme protects each owner’s investment and enhances resale value.
Shared Maintenance Costs:
Expenses for common property are shared among owners, reducing individual burden.
Professional Management (if appointed):
Trustees may appoint managing agents to handle admin, finances, and maintenance efficiently.
Improved Security & Livability:
With structured maintenance, rules, and security measures, residents enjoy a safer, more pleasant living environment.
Clear Governance & Fair Decision-Making:
Decisions are made through meetings, votes, and transparent financial reporting, ensuring fairness and accountability.
Insurance Coverage:
Owners gain comprehensive building insurance coverage through the scheme, preventing gaps or underinsuring.