Owners Corporation
The duties and responsibilities of the Owners Corporation are contained in the Subdivision Act 1988 and in the Owners Corporation Act 2006.
The Owners Corporation is responsible for the common property - the Owners Corporations Act 2006 states that the owners corporation must, among other things, manage, administer, repair and maintain the common property.
Useful Links
Common property is whatever it is stated to be on the plan of subdivision and may include gardens, passages, walls, stairwells, pathways, driveways, lifts, foyers and fences.
The plan of subdivision shows the parcels of land that can be sold separately. These are called ‘lots’. Lot owners are the members of the Owners Corporation for the subdivision.
Useful links for further information for both owners and tenants on Owners Corporations in Victoria include:
https://www.consumer.vic.gov.au/housing/owners-corporations/buying-into-an-owners-corporation/what-is-an-owners-corporation
