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Owners Corporation Responsibilities

Owners Corporation Responsibilities: The owners corporation or body corporate are responsible for maintenance, repair and overall management of the common property.

This includes items like, financial management, insurance, record keeping, repairs and maintenance of common property, by-laws, employment of a strata managing agent and/or a building manager (if they choose to do so) and keeping up to date with, and adhering to, all applicable laws. This includes planning; building; fire and safety inspections and work, health and safety laws.

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