Queensland Body Corporate Regulation Overhaul Incoming – Be Prepared!
11 November, 2020Property Law, Development & Conveyancing
From 1 March 2021, the new Body Corporate Regulations will come into effect in Queensland. The new Regulations seek to:
- modernise body corporate procedures;
- reduce body corporate costs; and
- enhance protection for home unit owners.
The Regulations reflect a strong push for effective electronic communication between unit owners and their body corporate. The changes include:
- electronic voting and attendance at meetings by platforms like Zoom; and
- using email and other forms of electronic communication to exchange information and documents within the body corporate such as between a unit owner and their body corporate manager.
Other features of the new Regulations include:
- a requirement for body corporate managers and caretaking contractors to disclose any benefit received from entering a contract;
- clarifying and improving the list of documents that original owners (developers) must provide to the body corporate for better governance; and
- requiring a body corporate to consider a motion at its second AGM to prepare a defect assessment report to encourage early identification and remedy of building defects.
For further information on how these new regulations will impact your rights and/or obligations, please feel free to call Tom Trembath Jnr, Partner at Bell Legal Group.
If you have any queries regarding this article or need legal assistance please call us on 07 5597 3366 or fill out the ‘Contact Us‘ form at the bottom of the page.
Please note that this article has been prepared by Bell Legal Group, for information purposes only. It is not legal advice nor should it be relied upon as such.