What is an owners corporation?
An owners corporation is the legal entity made up of every lot owner in a strata scheme. It owns the common property, collects levies, holds insurance and is responsible for running the scheme.
It comes into existence automatically when the strata plan is registered. Every owner is a member from the moment they settle on a lot — there is no separate sign-up. The owners corporation makes decisions at general meetings, which the committee implements between meetings via the strata manager.
By Reviewed by Last reviewed 2026-05-04
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