Common Contracts
1 similar Initial Lot Owners Agreement contracts
THE INITIAL LOT OWNERS AGREEMENT for BODY CORPORATEInitial Lot Owners Agreement • November 2nd, 2011
The 1st day of the month following the date when the new Community Management Statement showing Two Lot Regulation is recorded by the Titles Office shall be known as the 1st day of the Body Corporate’s financial year. After the end of each financial year, the Body Corporate Manager shall send out (within 30 days) a budget (based on the Agreed Expense Items) showing the anticipated expenditure for the new financial year; the contribution instalments and due dates for the new financial year; and a statement of account for the financial year just completed.
