Blog
Damage to front door and security gate – who pays the excess?
In this article Mike talks about damage to a front door and security gate by unpacking who pays the excess.
Community schemes insurance and information risks
In this article Mike unpacks community schemes insurance and information risks.
Community scheme insurance and AGMs
Very often, at an annual general meeting (“AGM”), important insurance aspects are overlooked. In this article, Mike will provide a few simple tips on how to avoid some of the pitfalls and risks.
How many bank accounts does a Body Corporate need?
A body corporate requires a minimum of two funds, namely one for the administrative fund and the second, a reserve fund. The administrative fund is used to fund the operating expenses of the body corporate for a particular year, and the reserve fund for the implementation of the maintenance, repair and replacement plan of the body corporate. In this article Bruce investigates just how many bank accounts a body corporate needs.
What can you do in a body corporate?
It is completely understandable, that one could easily get confused when it comes to what you can do in a body corporate. In this article Nicole provides a top 20 list of what you can do in a body corporate.