Section 151 Certificate From Owners Corporation
If you’re looking to purchase a residential or commercial property governed by an Owners Corporation, as a purchaser, you automatically become a member of the OC.
This also means that you need to have a Section 151 Certificate From Owners Corporation as part of the Section 32 statement of the contract of sale.
A Section 151 Certificate From Owners Corporation provides data about the ownership structure, financial health and other key information related to the property and the owners corporation.
What an Owners Corporation Certificate includes
Here is a list of the information included in the certificate:
Current Owners Corporation fees for the lot
Total unpaid fees or charges
Special fees or levies
The Owners Corporation’s insurance cover
Total funds held by the Owners Corporation
The Owners Corporation’s liabilities
The Owners Corporation’s current contracts, leases, licenses or agreements affecting the common property
If there are notices or orders served on the Owners Corporation in the last 12 months that have not been satisfied
If the Owners Corporation is a party or not a party to any legal proceedings or aware of any circumstances that are likely to give rise to proceedings
The manager or administrator appointed by the Owners Corporation
Minutes from recent Annual General Meetings (AGM)
The Benefits of Ordering an Owners Corporation Certificate through Landchecker
You can order your Section 151 Certificate From Owners Corporation in a few clicks through our easy-to-use application via our Certificate Searches page. You can search by:
Address
Council Number
Crown Description
Lot/Plan Number
SPI
Volume/Folio
Whether you’re an organisation that regularly needs to complete document searches or you’re a homeowner doing a one-off purchase, we ensure our documents are competitively priced - and easy to purchase - for your benefit.
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