In New South Wales, properties such as apartment buildings, unit
blocks or townhouses are managed in a
strata scheme. The day-to-day management duties of a strata
scheme vary from scheme to scheme, and are generally managed by the
following bodies.
The owners corporation
The owners corporation is responsible for the management of the
strata scheme. When a person becomes the owner of a lot within a
strata scheme they automatically become a member of the
scheme's owners corporation and are entitled to participate in
decision making regarding issues which affect the scheme. Such
issues may include:
- the by-laws that govern the scheme;
- Maintenance and repair of common property; or