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  1. W

    body corp and insurance

    This is in Melbourne btw. There is BC (now called owners corp, at least in VIC) on the property, it has to be setup when the block was subdivided. The BC did have insurance on all buildings and common property at the time of sale. Just that when the 4 units were sold off individually to...
  2. W

    body corp and insurance

    after a bit more research, there seems different types titles? strata plan and plan of subdivision? I suppose the question is how to tell which kind of title your property has?. found some info here http://www.hayproperty.com.au/property.html if that's correct, mine could be a subdivision...
  3. W

    body corp and insurance

    There is an owner's corp certificate in the s.32. along with a few pages of standard body corp info. no sinking funds according to certificate, but did have owner's corp insurance at time of sale that's now expired. I think the problem is none of the new owner's including myself understood/...
  4. W

    body corp and insurance

    there was strata insurance held by a single owner(owned all 4 units) at the time of the sale(sold all 4 at the same time), but that would've been expired since no fees were paid. I think the easiest would be to just get our own, but I can't seem to find a insurer that'll insure individual...
  5. W

    body corp and insurance

    Hi all, I'm currently looking at insurance options for a unit I'm about to lease out and I seem to have run into a problem. The unit is in a group of 4 with just a couple of driveways in between. It's part of an owner's(body) corp according to contract but since it was purchased there was...
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