The Owners Corporation Act regulates owners corporations throughout Victoria. Owners Corporations manage the common property of division or unit title schemes. The Act sets out the roles and duties of Executive Committees that are elected by owners to exercise the function of the owners' corporation.

Stakeholders who interact with the Owners Corporation Act and its associated legislation include: lot owners i.e. , members of Owners Corporations, Owners Corporations Management, residents within Owners Corporations managed properties, members of the public, builders, and building inspectors.

Major Discussion Areas

Key matters under the Act that the REIV has documented policy positions on or is currently advocating on, are listed below. Members are encouraged to review these policies and provide their comments where appropriate. This is not a comprehensive list of matters under consideration.