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community development, First Statutory General Meeting, FSGM

New Community Corporations

 

Our expert team are vastly experienced at helping developers, conveyancers, sales agents and purchases in Adelaide through the establishment of new Community Corporations.

 

Community Corporations need to have meetings called within 3 months after the day on which there are at least 2 different members of community corporation under s79 of the Act.

 

The developer is required to deliver documents to the corporation and we help conveyancers and developers to understand their requirements under the Act and get the required information to owners at what is one of the final handover stages in the life of the development.

 

Developers...We add value to your development while streamlining your exit strategy at NO cost to you!

 

We also chair the First Statutory General Meeting on behalf of the developer and help purchasers to work through their rights and obligations to better understand what a Community Title is and to enjoy the start of their relationship with both their purchased property and the community that it is a part of.

 

Developers are required to take out insurance for the Community Corporation and maintain this for at least 6 months after the deposit of the plan under s107 of the Community Titles Act 1996.  We help developers to ensure that specialized community title insurance is in place at the best possible price through our insurance broking network.

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