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Property LawStrata TitleEASY

Under strata title legislation, what is the primary responsibility of the owners corporation regarding common property?

Correct Answer

B) To control, manage and maintain the common property for all the owners.

The owners corporation has the statutory duty to control, manage, and maintain common property for the benefit of all lot owners. This includes areas like driveways, gardens, building structures, and shared facilities that are not part of individual lots.

Answer Options
A
To sell parts of the common property to individual owners who ask for them.
B
To control, manage and maintain the common property for all the owners.
C
To convert common property into new lots whenever it will raise extra levies.
D
To lease common property to outside tenants so that the owners earn a profit.

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Related Topics & Key Terms

Key Terms:

owners corporationcommon propertystrata titlemanagementmaintenance
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