Can you manage your strata yourself?

Absolutely. There is no legal requirement for you to engage a strata manager. It’s called self-managed strata, diy strata or diy body corporate. Thousands of strata schemes self-manage their strata schemes. Of course some owners think that self-managing their stratas means not managing. A poorly managed strata scheme devalues a property. With more and more people becoming educated on living in an owners corporation, savvy owners check the state of the body corporate’s finances, record keeing and the harmony of a strata community before they buy.

Was this article helpful?
Can't Find what you're looking for? Contact Us