![Disclosure statement](https://www.bcsystems.com.au/wp-content/uploads/2024/07/Disclosure-statement_3-300x200.jpg)
Understanding Body Corporate Disclosure Statements
In Queensland, the law mandates that sellers of lots in community title schemes provide a disclosure statement to prospective buyers before entering into a contract.
Many body corporate developments include health & lifestyle facilities including:
As body corporate complexes offer more facilities, more Queenslanders are choosing strata complexes as their preferred home (including older residents and downsizers).
Proactive body corporate committees are increasingly considering installing AED (Automated external defibrillators) in their common property areas where cardio exercise occurs, and the risk of a heart issue may be increased.
It is advisable that all body corporate schemes have a stocked first aid kit, and that the location of the kit is clearly signed so that it can be found if necessary.
Defibrillators (AED) and Cabinets | St John Ambulance Australia First Aid Kits & Supplies
*BCsystems is not affiliated any business mentioned in this article. We receive NO benefit, kickbacks or commission for mentioning or displaying links on our website
In Queensland, the law mandates that sellers of lots in community title schemes provide a disclosure statement to prospective buyers before entering into a contract.
Understanding how your individual levy amount is calculated can help you appreciate where your money goes and ensure transparency in the management of your community. Here’s a breakdown of the aspects involved in calculating levy amounts.