What makes us different? We are Boutique in name and in service. BBCL has the overall structure and systems in place to ensure continuity and consistency of service.

Levies: The share each proprietor pays towards the Body Corporates Annual Budget. Your share is determined by Unit Entitlement. This is the comparative value of your unit as compared to all other units in the complex. Your contribution is pooled with other owners’ payments to maintain your community and common areas. The timing of levy payments is fixed by your Body Corporate.

Body Corporate Budget: Every year at the Annual General Meeting, proprietors approve the budget for the forthcoming year. As Secretary, Boutique Body Corporates Ltd will prepare a preliminary budget. BBCL does not determine the final budget; this is a decision by owners for owners.

How do you have a say? Most Body Corporates have an Owners Committee, who act in the best interest of all Proprietors between meetings. We recommend that owners consider being part of this committee if they wish to have a say. Owners can also attend General Meetings either themselves or by proxy, to ensure they are part of the decision making process. The Secretary is not a voting member of the committee, or at General Meetings and takes instruction from them.

Utilities: It is not uncommon for large complexes to have one main meter and check meters for each Unit. If this is the case we are happy to facilitate the reading and billing of check meters as required.

Body Corporate Meetings: Each year an Annual General Meeting (AGM) is held for each Body Corporate, this generally determines the financial position and direction of the Body Corporate. Any issues that arise between AGM’s may be discussed and resolved at an Extraordinary General Meeting (EGM). We urge owners to attend meetings where possible and have a say in their investment.

Body Corporate Rules: Every Body Corporate has a set of rules which governs how the Body Corporate operates. These are the registered rules which regulate the Body Corporate as per the Unit Titles Act 1972. These comprise Second Schedule Rules(governance rules) which may be amended by unanimous Resolution and Third Schedule Rules(housekeeping rules) which may be amended by Majority Resolution. The Act provides default rules in the event an amended set of rules has not been registered. Often in larger complexes a précis of these rules the ‘Residents Rules’ are helpful in enforcement of these rules. For a copy of your rules, please contact the Secretary.

Insurance: One of the Body Corporates key roles is to place full replacement Insurance cover for the Buildings and improvements. An updated replacement insurance valuation will be obtained at regular intervals to ensure the amount of cover is kept current. Cover should include Public Liability, and in addition can often include:

• Landlords chattels cover.
• Loss of Rents from an insurable event.
• Alternative Accommodation for owners/occupiers.
• Statutory Liability; In the event of a breach of statute, e.g. Health & Safety or Resource Management.
• Office Bearers Cover for the Committee.
• Construction cover for internal works/refurbishment.