Documents to be given by original owner
27 Documents to be given by original owner
(1) At the first annual general meeting of the body corporate, the original owner for the scheme must give the committee the following:
(a) the proposed budget for the first financial year for the body corporate;
a list of all body corporate assets and liabilities;
the name and contact address of each unit owner;
(d) if a body corporate manager has been engaged – the name and business address of the body corporate manager;
a copy of the scheme statement;
(f) the accounting records kept by the original owner for the body corporate;
(g) documents evidencing each contract, lease and licence binding or benefiting the body corporate;
each certificate of insurance in force for the scheme;
(i) documents evidencing each warranty or guarantee given on any matter for which the body corporate is responsible;
the seal of the body corporate;
the certificate of title for the common property of the scheme;
a copy of this management module.
(2) However, the original owner is not required to give the certificate of title for the common property if it is not in the possession or under the control of the original owner.
Note for clause 27
Under regulation 7(1), it is an offence for the original owner to fail to comply with this clause.
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