Body Corporate and Community Title

The industry revolving around Body Corporate and Community Title is growing rapidly. With developers maximising space to gain greatest return on investment, gated living premises, residential towers and parks are on the increase. This modern living calls for regulations such as the Body Corporate and Community Management Act 1997 and the Managed Investments Act 1998 to provide guidelines and laws for developers, operators and residents to abide by.

Praeger Ellem Solicitors holds a proven track record of providing advice to many of its developer clients on complex body corporate and community title schemes within the provisions of these regulations including:

• Structure and staging of a community title schemes
• Caretaking and Management Agreements
• By-Laws for the scheme
• Community Management Statements
• Disclosures under the Body Corporate and Community Management Act 1997 and the Managed Investments Act 1998
• Buying, selling and leasing of commercial and residential space
• ‘Airspace’ Developments and Building Management Agreements