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Strata Glossary

Strata terminology can vary across Australia and is often used interchangeably with body corporate and owners corporation language. This glossary provides clear, practical definitions of common terms to help owners, residents and committee members better understand how their property is managed.

A - B
E - F
M - O
S - T

C - D
I - L
P - Q -R
V - W

A - B

C - D

Strata Glossary

A - B

Administrative Fund

Agenda

AGM (Annual General Meeting)

Adjudication

Body Corporate (BC)

Body Corporate and Community Management Act 1997 (BCCMA)

Building Units and Group Titles Act 1980 (BUGTA)

Building Manager

By-laws / By-law Breach

C - D

Capital Works Fund

Change Strata Manager

Common Property

Commercial

Committee

Community Scheme / Community Title (NSW)

Contributions (Levies)

Defects

Defect Bond

Developer

Disclosure / Disclosure to Committee (DCT)

E - F

EGM (Extraordinary General Meeting, or General Meeting)

Exclusive Use

Financial Statements

I - L

Insurance / Insurance Valuation

Industrial

Lot entitlement or unit entitlement

Layered Scheme

Levy

Lot

Lifestyle Scheme / Management Rights / Resident Unit Manager (RUM)

M - O

Mixed-Use Development (MUD) / Building Management Statement (BMS)

Maintenance

Managing Agent (Strata Manager / Owners Corporation Manager / Body Corporate Manager / Community Manager / ACM)

New South Wales Civil and Administrative Tribunal (NCAT)

Occupier

Owners Corporation (OC)

Owners Corporations Act 2006 (OC Act 2006)

P - Q -R

Proxy

Queensland Civil and Administrative Tribunal (QCAT)

Quorum

Quotation

Remedial Works

Residential / Resident / Tenant

Resolution

S - T

Service Contractor / Caretaker

Sales certificate / strata information certificate / form 33 / section 184 certificate

Special Levy

Strata Management

Strata Plan

Strata Roll

Strata Inspection Report

Strata Scheme

Strata Title

Tribunal

V - W

Victorian Civil and Administrative Tribunal (VCAT)

Vote Outside Committee (VOC) (Qld)

Work Order