Our Mission Statement
Ensuring the viability and long-term stability of unit ownership by promoting and protecting the rights of unit owner’s as the major stakeholders in property registered under the Body Corporate and Community Management Act 1997 or its precedents whether the units be used for residential, commercial or industrial purposes; by
1. Vesting building ownership and control in the body corporate; and
2. Restricting ownership costs to those of equivalent private property.
For three decades the UOAQ - a not for profit association, has represented the consumer sector of the Community Title Scheme (CTS) industry and has always worked towards a cohesive and productive relationship with government and related commercial entities in this industry sector. Historically we believe the Government has been at the forefront of Community Title legislation throughout the country. However over the past five years or so it is our firm belief that some of the legislation has been sidestepped by various operators within the industry, resulting in it becoming increasingly difficult to promote the ongoing viability of Unit procurement and habitation in the medium to longer term.
The ramifications of these results not only affect the Body Corporate and Community Management (B.C.C.M.) area of Government but also the financial future of the State with regard to affordability, sustainability and the tourism industry. Where an active and effective body corporate committee can control the cost of the building then that particular building becomes not only an enviable place to live but also to invest in. Currently there are legislative constraints that are making it extremely difficult if not impossible, to ensure that these complexes are affordable to live or invest in.
Sustainable Living Policy
Since 1997 when the new BCCM Act was introduced, unit owners have raised concerns as to the financial detriment to owners which arise from long term contracts with no mechanism for market review.
If the status quo remains, the costs of unit living will continue to grow well beyond the reach of ordinary home owners who may wish to live a unit lifestyle and leave a lighter footprint on our environment.
All stakeholders, including Developers, Caretakers, Real Estate Agents, Banks, Insurance Companies, Builders, Lawyers and Body Corporate Managers will benefit if unit living remains sustainable in the medium to long term.
The UOAQ promote and protect the rights of individual owners over the competing interests of suppliers, agents and other service providers to the Body Corporate industry.
It is time to right the balance so that Unit Living and the Tourism Industry can thrive well into the future.
The Unit Owners Association of Queensland, the volunteer industry body representing unit owners in Queensland, believes the following urgent issues must be addressed to provide relief and reinstate confidence in the Community Titled Scheme industry.
Sustainable Living Policy addresses:
- Body corporate fees.
- Land tax.
- Increasing investor returns on investments.
Management Rights Policy:
- Complex/Building Offices and essential facilities are to be located on the common property of the Body Corporate and may be made available to the successful tenderer.
- Stop Extensions and Topping up of contracts.
- Caretaking agreements limited to a maximum 3 years.
- Stop Conversions from Standard to Accommodation Module.