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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