Owners Corporations forums to be held in N. E. Victoria

Source: Sykes Media Release 01.09.08

THE peak body representing professional property managers, Owners Corporations Victoria, will hold forums in Shepparton & Wodonga during October to inform people of their rights and compliance responsibilities.

Nationals Member for Benalla, Bill Sykes said the forums were a good opportunity for people to learn more about The Owners Corporations Act 2006 which has been fully operational for six months.

“From January 2008 all bodies corporate became “owner corporations’’ and are required to comply with new laws,’’ Dr Sykes said.

“More than one million Victorians affected by the new laws remain uninformed about their rights and compliance responsibilities.

“These forums will educate people who live in, rent, own or manage owners corporations.’’

Formerly known as bodies corporate, owners corporations are strata title or subdivided properties in ‘lots’ which can be separately owned and sold. Residential flats, apartments and units ranging from two-lot subdivisions in a suburban street to many hundreds of units in an urban tower block are part of owners corporations.

Owners Corporations Victoria has been funded by the Victorian Property Fund on the approval of the Minister for Consumer Affairs to deliver 16 information forums across Victoria. Forums for this area include:

• Tuesday 21 October 2008, 6.30-8.30pm, Wodonga Civic Centre, 106 Hovell Street, Wodonga.

• Wednesday 22 October 2008, 6.30-8.30pm, Country Comfort, 481 Wyndham Street, Shepparton.