In Melbourne, and across Victoria, body corporates – now called owners corporations – are subject to a number of obligations and responsibilities under the Owners Corporation Act 2006 (and other legislation).
As in residential strata insurance and commercial strata insurance, this covers Victoria’s body corporates against the key areas such as liability for public areas, building damage and repair, cost of recovering after a disaster, theft and damage in relation to common area contents, and legal liability of body corporates.
There’s no denying that managing your strata can be time consuming – but luckily we are the professionals who specialise in this! McKie Property Management can handle all of these requirements for you.