Your first-month checklist for a self-managed Owners Corporation

Steps

1. 1Gather your records: owner list, by-laws, insurance, bank details and recent minutes.
2. 2Confirm who is on the committee and what each person does.
3. 3Set up a bank account in the building's name.
4. 4Enter opening balances for each fund.
5. 5Invite owners so they can see notices and documents.

General information only, not legal advice. Rules differ by state and change over time. Check your local legislation or get professional advice for your situation.