What is a body corporate manager and do we need one?

Answer
A body corporate manager is a licensed professional engaged under a management agreement to assist the committee with the administration of the scheme. Typical duties include: - Preparing and distributing meeting notices, agendas, and minutes - Collecting levies and following up arrears - Paying accounts and maintaining bank accounts - Maintaining financial records - Arranging insurance renewals - Managing correspondence with owners - Engaging and coordinating contractors Body corporate managers in Queensland must hold a licence under the Property Occupations Act 2014, issued by the Office of Fair Trading. Engaging a manager is not compulsory, but most schemes benefit significantly from professional administration. Self-managed schemes require committee members to take on substantial administrative workload and risk. This article is general information only and not legal advice.

This is general information only and does not constitute legal advice. For complex matters, consult a licensed strata lawyer.

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