What to Know Before Buying Into an Owners Corporation

Rental properties are a great investment, but purchasing them requires careful consideration. This is particularly true when buying property within a strata scheme. Strata schemes have owners corporations which are made up of all the owners of properties within the scheme. The corporation is charged with repairing and managing the common amenities such as gyms, lifts, driveways and pools within the property. It also sets the regulations that all owners and tenants should adhere to. Read More