Funds and Levies

Administrative Fund vs Sinking Fund?

body corporate funds

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…

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6 Ways to Save Money on Your Strata Insurance

save money on 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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