FAQs
These days a body corporate is called an owners corporation. These are formed by the owners of a piece of land that is subdivided into flats, units or apartments to manage, and maintain the common areas everyone uses like the stairwell, car park, pool etc. There are laws that determine what they can and can't do and the rules they can set.
The body corporate / owners corporation deals with either physical property issues or issues relating to people living together. Physical property includes gardens, tennis courts, driveways etc. and issues relating to people living together include parking, behaviour and noise. Body corporate / Owners Corporation can make decisions at either a general meeting of all the owners or a meeting of the committee. In other words people can't make individual decisions.