Funds and Levies
Administrative Fund vs Sinking Fund?
Many owners are confused about Body Corporate Funds – particularly the difference between the Administrative Fund and the Sinking Fund, and what they’re used for. As an owner within a body corporate scheme, it is important that you to understand these differences and be financially prepared. After all, whether you live in it or rent…
Read More6 Ways to Save Money on Your Strata Insurance
6 key points to assist you and your Body Corporate to get the best possible terms out of your insurer. Make sure the grass is always greener A key thing that potential Insurers look for is properties that are maintained regularly. A well maintained building is likely to have less claims, therefore the Body Corporate…
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