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A body corporate is basically a legal term that refers to a group or organization formed to manage and administer shared property or common interests in a building or community. It's like a collective entity created to take care of things that affect everyone involved, especially in the context of shared spaces like apartment complexes or housing developments. In simpler terms, it's the organized way people in a shared property or community come together to make decisions, handle maintenance, and deal with common issues. So, think of it as a kind of team or association that looks out for the well-being of the whole group when it comes to shared property matters.