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Body corporate laws to change in Queensland

Property laws in Queensland are being overhauled.
<div $$hash="8247-0"><p $$hash="8246-0">The laws governing property in Queensland are due to be overhauled.



<p $$hash="8250-0">Attorney General Jarrod Bleijie said he plans to reform legislation under the Body Corporate and Community Management Act.



<p $$hash="8252-0">Mr Bleijie says that he will be looking at all parts of the act for potential reform as he says that an overhaul is long overdue.



<p $$hash="8254-0">Changes to the act will aim to improve current regulations, do away with duplicate property laws and generally cut down on red tape.



<p $$hash="8256-0">He said: “As part of the broader review we will look at how body corporate schemes are determined, community management statements, dispute resolution and respond to the review of management rights.”



<p $$hash="8258-0">The overhaul of this Act is part of a wider review of property laws in Australia.



<p $$hash="8260-0">Included in the changes to laws are that property investors will have to pay the same body corporate fees. This means that people who own smaller apartments will pay the same as those who own penthouses.



Posted by Steve Douglas

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