Outlining the Obligations of Owners Corporations

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If you are a property owner, you must have heard about owners corporations. Are you wondering if you should become a member and enlist the properties you own in these establishments? Before making a decision, it’s essential to know the responsibilities of an owners corporation. Owners corporation definition Formerly known as a body corporate, an owners corporation manages the shared or common sections of retail, commercial, mixed-use, or industrial properties. So if you own any of these types of properties, you can be a member of an owners corporation.…

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