@Fromthenorth said:
Is there a document or a set of principles that explains how to best run a body corporate ? Or perhaps things that a well run body corporates does ?
CAV (the legal regulator) has some information on their website: https://www.consumer.vic.gov.au/housing/owners-corporations
@Fromthenorth said:
Three specific questions:How many strata meetings should there be a year ? At the moment there is an AGM once a year.
An AGM is the minimum legal requirement. It can however be up to 15 months between AGMs. Between AGMs it’s usually the committee making decisions.
We have 8 units with 8 resident owners. What is the best size for the strata committee ? Currently there is a 3 person committee. Some owners have suggested that all 8 owners be on a 8 person committee.
If there’s a committee it must have at least 3 members. IMO, for such a small scheme, 3 is about right. Larger committees have the disadvantage of being harder to organise and run. And an odd number means there will always be a decision as long as all members vote (although the chair gets a casting vote in the event of a tied vote).