What a body corporate is, and what it can require of you
Buy a lot in a scheme and you become a member of it automatically.
When a property is part of a community titles scheme, which covers most units, townhouses and some duplexes, you own your lot and share ownership of the common property with every other owner.
The body corporate is all of you together, operating under the Body Corporate and Community Management Act 1997. It sets and collects levies, maintains the common property, and enforces by-laws that can govern pets, parking, renovations, short-term letting and what you can hang on your balcony.
Membership is not optional and the levies are not discretionary. If the scheme has under-funded its sinking fund, the shortfall becomes a special levy, and it lands on whoever owns the lot at the time.