this post was submitted on 12 Feb 2024
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Every strata building has a body corporate, and it's nothing to do with seeking power - it's about, you know, collectively running the building. In fact body corporate is a bit of a misnomer, since the word "corporate" comes from the word "corpus", which means "body". More precisely in this context it's a legal body, and may or may not be for-profit (a strata building's body corporate is definitely not-for-profit).