Tuesday, July 5, 2022

Owners Corporation Act 2006

Part 3
Division 6
Section 65

Valuation of buildings | Section 65

(1)     A prescribed owners corporation must obtain a valuation of all buildings that it is liable to insure.

(2)     The valuation must be obtained every 5 years or earlier as determined by the owners corporation.

(3)     The owners corporation must present the valuer’s report at the next general meeting after it is received.

© State of Victoria (Consumer Affairs Victoria). For the latest information please go to https://www.legislation.vic.gov.au/in-force/acts/owners-corporations-act-2006/017

Disclaimer: Reproduced from the Owners Corporation Act 2006. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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