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  1. Home
  2. Your rights, crime and the law
  3. Housing and neighbours
  4. Body corporate and community management
  5. Body corporate finances and insurance

Body corporate finances and insurance

Body corporate fees

  • Owner's contributions
  • Owner's contributions for two-lot schemes

Funds for managing a body corporate

  • Sinking fund
  • Administrative fund
  • Promotion fund

Managing money in a body corporate

  • Body corporate bank accounts
  • Financial reporting
  • Auditing body corporate accounts
  • Body corporate budgets
  • More...

Spending limits in a body corporate

  • Body corporate spending
  • Committee spending

Insurances in a body corporate

  • Building insurance and valuation
  • Compulsory insurance
  • Insurance premium and excess

Storm damage

Find out what happens when a body corporate has to deal with storm damage, including who is responsible for paying the excess.

Contact us

Ask a body corporate question or call the Information and Community Education Unit on 1800 060 119 (freecall).

Postal address:
GPO Box 1049
BRISBANE  QLD 4001

You can also:

  • access our forms
  • find out the fees
  • read the practice directions.

Body corporate and community management

  • Body corporate legislation and services we offer
  • Role of the body corporate and its people
  • Body corporate by-laws
  • Maintenance in a body corporate
  • Body corporate committees and meetings
  • Body corporate records
  • Body corporate finances and insurance
  • Disputes in a body corporate
  • Lot entitlements
  • Terminate a basic community titles scheme

Contact us

  • For general enquiries, feedback, complaints and compliments:

    13 QGOV (13 74 68)

  • /QueenslandGovernment
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Cultural acknowledgement

We pay our respects to the Aboriginal and Torres Strait Islander ancestors of this land, their spirits and their legacy. The foundations laid by these ancestors—our First Nations peoples—give strength, inspiration and courage to current and future generations towards creating a better Queensland.

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