Staying compliant

Staying compliant when self-managing strata

If you’ve decided to self-manage your strata scheme, have you considered how to access advice and support to keep you and your neighbours fully compliant?

Although there’s no legal requirement to engage a strata manager, it’s appropriate for most larger schemes to do so given a strata manager’s experience handling the many legislative and financial issues, as well as organising the property maintenance that sharing ownership in a common property creates.

However, if your scheme only has a few lots, and one or more of the owners is willing to volunteer their time and experience to take on the legal responsibility, then self-managed strata (or DIY strata) could work for you.

What you need to know about self-managed strata

While this isn’t an exhaustive list, these are the main responsibilities you take on with self-managed strata.

  • Record keeping - collecting, organising and managing strata records, and making them available when requested.
  • Accounting - producing and processing financial statements and budgets.
  • Payments - managing invoice payments, issuing and collecting levies and chasing any overdue payments.
  • Insurance - learn all about insurance coverage for common property, joint and several liability risks as common owners and legislative obligations, fire safety and Workplace Health & Safety requirements
  • Meetings - organising and running all mandatory meetings, including nominations, agendas, voting and minutes.
  • Actioning committee decisions.
  • Communication - managing all communications to owners and committee members, enforcing all by-laws and dealing with disputes.
  • Repairs and maintenance - organising tradespeople for scheduled or ad hoc work, as well as creating an appropriate preventative maintenance program.
  • Legal compliance - knowing about and understanding all legal and compliance requirements and obligations. This includes the Capital Works Fund Plan, window safety devices, proxy limitations, voting methods, adoption of the model by-laws contained in the Strata Schemes Management Regulation 2016 and so on.

It’s a potentially significant investment of time, as well as a big commitment to take on. Failure to adequately manage the scheme’s affairs on behalf of all owners could prove costly and potentially devalue your property. Any strata scheme, irrespective of size, faces the same obligations and compliance issues.

Strata legislation to be aware of

Strata legislation is largely driven at a state/territory level, so it may differ depending on where you live. These are just some of the pieces of legislation you need to know about and monitor for changes.

Insurance Contracts Act 1984

The Privacy Act 1988

Civil Law (Wrongs) Act 2002

Common Boundaries Act 1981

Unit Titles Management Act 2011

Unit Titles Management Regulation 2011

Strata Schemes Management Act 2015

Strata Schemes Management Regulation 2016

Dividing Fences Act 1991

Trees (Disputes Between Neighbours) Act 2006

Civil Liability Act 2002

Unit Title Schemes Act

Limitation Act 1981

Personal Injuries (Liabilities and Damages) Act 2003

Personal Injuries Proceedings Act 2002

QLD Neighbourhood Disputes (Dividing Fences and Trees) Act 2011

Limitations of Actions Act 1974

Body Corporate and Community Management Act 1997

Body Corporate and Community Management (Standard Module) Regulation 2020

Building Units and Group Titles Act 1980

Strata Titles Act 1988

Fences Act 1975

Wrongs Act 1936

Limitations of Actions Act 1936

Strata Titles Act 1998

Limitation Act 1974

The Boundary Fences Act 1908

Civil Liability Act 2002

Owners Corporation Act 2006

Owners Corporation Regulation 2018

Wrongs Act 1958

Limitation of Actions Act 1958

Fences Act 1968

Water Act 1989

Strata Titles Act 1985

Dividing Fences Act 1961

Civil Liability Act 2002

Limitation Act 2005

Why Choose BCB?


BCB is Australia’s largest specialist strata insurance broker and one of the 475 strong Steadfast Group member network.


With over 25 years’ experience partnering with strata managers, BCB offers scale, market leading technology and technical expertise for strata and community living property and related insurances.


Working in the interests of the owners, BCB provides dedicated broking resources and a full market solution, complimented in-house claims expertise, including for large and catastrophic events.

Our Insurance Partners