FAQ: What is an Owners Corporation Certificate?
An Owners Corporation Certificate (OC Certificate), also known as a Section 151 Certificate, is an official document that outlines key information about a property's Owners Corporation.
What does the certificate include?
- Current and upcoming fees
- Insurance details
- Information on planned repairs
- Any outstanding fees
- Details of ongoing legal proceedings
- Contracts or agreements affecting the common property
- Copy of last AGM Minutes
Certificate pricing and Turnaround times
| Timeframe | OC Certificate |
Additional OC Certificate |
Company Disclosure Statement |
| PRIORITY (2 business days): | $320.81 | $176.40 | $565.00 |
| URGENT (5 business days): | $267.37 | $147.00 | $485.00 |
| STANDARD (10 business days): | $178.25 | $98.00 | $275.00 |
| As fixed by the Treasurer under section 5(3) of the Monetary Units Acts 2004, and as published in the Victorian Government Gazette, under section 6 of the Monetary Units Act 2004, for the financial year 01-JUL-2024 to 30-JUN-2025, the value of a fee unit is $16.81 and the value of a penalty unit is $203.51. Click here for more information. |
Important information about your Certificate:
- Additional Owners Corporation Certificates only required if the strata plan has multiple Owners Corporations, for example: OC1, OC2, OC3 etc.
- Car spaces & storage cages on the title do not require an additional certificate.
- All Owners Corporation Certificates are valid for 90 days from date of issue.
- Payment is required in full prior to submitting the application.