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Posted on Feb 11, 2012 | Tags: conveyancing, residential purchase | Comments (0)
The purchase of a strata property will mean automatic involvement with an Owner’s Corporation (Body Corporate). This is the organization that manages and administers the maintenance of the common property. It will also require you to pay strata levies. You should obtain a strata report from a competent provider, before embarking on purchasing a strata property.
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