Common property – it sounds pretty straight forward doesn’t it?
However, it’s not quite as simple as it seems when it comes to deciding who is responsible for the maintenance.
Luckily, there are industry professionals out there to guide you along the way.
Maintaining Common Property
One of the most compelling reasons that Australians decide to live in a Strata property is the use of the shared facilities in the common area. Who wouldn’t want to spend their weekends in the sun on a rooftop enjoying the facilities?
Instead of each individual lot owner having to share the responsibilities for cleaning the pool or painting the fence, the legislation has created a separate legal entity whose primary purpose is to ensure the common property is maintained to an appropriate level. This legal entity is called the Body Corporate/Owners Corporation and consists of all owners.
The Body Corporate/Owners Corporation has a general responsibility to maintain, manage and control the common property for the benefit of all lot owners. This is usually managed through the committee.
If you are part of the 2 million Australians who live in an apartment, the responsibility to maintain the gardens in your common property falls on the Body Corporate/Owners Corporation.
Well maintained gardens not only improve the aesthetic of the building, but also improves property value.
Maintenance programs can be implemented to ensure the constant up-keep on gardens in Strata are properly maintained. The program can include allowances for fertilizing, weed control, pruning, plant replacement and irrigation maintenance.
Improve the value of your investment by ensuring your gardens and common property are well maintained. To make the switch to a Strata company that will work with you to improve the value of your investment, click here.