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Strata, Strata Reform
Posted 12 September 2016
One of the most important reforms effected by the act is the urban renewal mechanism contained in Part 10, which may permit collective sale redevelopment of strata schemes, without unanimous agreement…
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Posted 22 August 2016
Pets get the green light but smokers will have to be careful. Important reforms affecting NSW strata investors and occupants will start on November 30. Investors and owner-occupiers need to unde…
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Posted 13 August 2016
In just over three months NSW strata apartment owners will have more rights running, renovating and reselling their properties thanks to reforms expected to herald nationwide changes to property manag…
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Posted 18 May 2016
Submissions on the Strata Schemes Management Regulation 2016 and Strata Schemes Development Regulation 2016 Introduction This is a submission from Bannermans Lawyers addressing a number of issues …
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Posted 01 March 2016
The new strata laws that commenced on 30 November 2016 have made significant changes to the appointment and role of strata managing agents. Investment property owners also need to be aware of the chan…
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Posted 22 February 2016
Under the current legislation there is a requirement for owners corporations “to take into account” the 10 year sinking fund plan. Many schemes do not comply with this obligation in good faith wit…
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Posted 22 February 2016
The new strata laws have made significant changes to the appointment and role of strata managing agents.…
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Posted 15 February 2016
Many owners face problems with strata schemes failing to repair and maintain the common property. These problems include: Loss of rent; Property damage to their lot property items; Relocation …
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