Create a scheme

Add a sectional-title development so its units share one address and body corporate.

Start: Properties Result: a scheme that units can be added to.

Do this before adding units to a sectional-title block. A freehold house needs no scheme — see add a unit.

Steps

  1. Go to Properties.
  2. Choose to add a scheme.
  3. Fill in the Scheme Name — what you and the owners call it, e.g. Marina Heights.
  4. Add the street address. Units in the scheme inherit it, so you enter it once.
  5. Record the body corporate name if you have it. You will want it when reconciling levies.
  6. Save.

Next

Add the units — see add a unit.

Name the scheme the way the body corporate does. When their statement arrives, matching it to your records is a five-second job rather than a guess.

Related

  • SchemesA scheme is a sectional-title development with a body corporate. Freehold properties do not belong to one.
  • UnitsThe unit is where the money is anchored — one owner, one set of books, its own invoices and statements.