Meaning Body corporate
What does Body corporate mean? Here you find 9 meanings of the word Body corporate. You can also add a definition of Body corporate yourself
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Body corporateAn administrative body made up of all the owners within a group of units or apartments of a strata building. The owners elect a committee, which handles administration and upkeep of the site.
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Body corporateA body corporate or owner’s corporation under any law relating to the management of subdivided lots or units and common property.
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Body corporatepl: bod·ies corporate : corporation
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Body corporateA strata corporation incorporated in relation to land subdivided wholly or mainly for residential purposes under a law providing for strata, cluster, precent or other subdivision of land or whose issu [..]
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Body corporateThe collective ownership of the common areas in a block of apartments or multi–dwelling complexes. It is responsible for the administration and upkeep of the areas shared by all the owners (common pr [..]
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Body corporateAn aggregate of individuals legally united into a corporation.
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Body corporateA group consisting of the owners of each strata property, established to maintain the common areas of flats or units and to take out insurance for the common areas.
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Body corporateThe former management body of the common property under the Conveyancing (Strata Titles) Act 1961
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Body corporateThe former management body of the common property under the Conveyancing (Strata Titles) Act 1961 and the Strata Titles Act 1973. Now known as the Owners Corporation.
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