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What an owners corporation actually is

01 · The owners corporation and the committee · Masterclass · 13 min

The owners corporation (called body corporate in QLD, owners corporation in VIC/NSW, strata company in WA) is a body created by registration of the plan — every lot owner is automatically a member, and it exists to manage common property, hold insurance, and enforce by-laws. We walk through the legal personality of the OC, why it can sue and be sued, and why the strata manager is an agent of the OC, not its owner or …

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