Strata Company
The strata company, also often called the ‘body corporate’, is all the owners of the units/lots in a strata/survey-strata development.
The strata company is formed upon registration of the strata/survey-strata plan.
Strata Council
The strata council is a selection of the owners of the units/lots in a strata/survey-strata development.
In some developments it is impractical for all the owners to participate in the day to day management of the development. In such developments a selection of owners is elected (i.e. the strata council) who act on the instructions of all the owners (i.e. the strata company).
Disclaimer: The information on this page is intended to be general information only and NOT legal advice. No responsibility is accepted for any errors or omissions.