What Is a Body Corporate?

couple in  front of one-family house in modern residential area

My sister just moved into a body corporate. It's a nice gated community with a swimming pool, a club house, a tennis court, a huge playground for her kids and regular lawn maintenance. A body corporate is an association that runs a housing community. Body corporates can manage apartment blocks, town houses, double-storey villas or mixed-use apartments. Before, my sister just owned a house that she had to maintain herself. She couldn't afford a home with a pool or all the other amenities. That's why she moved into a body corporate. She gets all those amenities by paying a fraction of the cost because other people are paying for pool maintenance and the tennis court too.

If you move into a body corporate, you'll be able to have all those extra amenities. It will cost you extra on your weekly rent, so you'll have to decide if you want that.

Common Interest

Body corporates are a result of the demand for cheap housing a few decades ago. Private developers came up with a way to give residents everything they needed for less money—shared amenities. Now every home doesn't need its own pool, long driveway or huge property. Instead, hundreds of houses share pools and parks.

CC&Rs

When you move into a housing community, you'll have to abide by the homeowners’ association CC&Rs. Covenants, codes and restrictions are the rules an HOA sets up to protect residents and the HOA itself. This will include guidelines about the colour of your door to the size of your pet.

CC&Rs

When you buy property in Australia, you'll have to decide if you want to get a place with a body corporate or not. There are definite pros and cons to living with a BC. Make sure you talk to your real estate agent and find out what the CC&Rs are for a property.

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