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Category: Strata Reform

Strata Managers – New options for owners

Strata, Strata Reform

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…

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Will the new reform mean that Owners Corporations will now raise money to match their 10-Year Sinking Fund Plan?

Strata, Strata Reform

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…

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Strata Law Reform: Impacts on Strata Manager Agreements

Strata, Management Agreements, Strata Reform

Posted 21 February 2016

The new strata laws have made significant changes to the appointment and role of strata managing agents. Agents’ appointment terms are to be limited…

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So what happens if the owners corporation does not fix the building? Is the 2015 Strata Reform going to assist?

Strata, Building Defects, Strata Reform

Posted 14 February 2016

Many owners face problems with strata schemes failing to repair and maintain the common property. These problems include: Loss of rent; Property damag…

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So what does the Strata Reform mean for Developers of New Strata Buildings?

Strata, Strata Reform

Posted 19 February 2016

There are a lot of changes and many affecting developers, such as: When registering a strata plan the unit entitlement will need to be made in accorda…

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Common Property Maintenance New Laws may solve some old problems

Strata, Strata Reform

Posted 17 December 2015

A common problem for investment property owners, whose investment property is a strata apartment, is getting the owners corporation to properly mainta…

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You can sell or redevelop a Strata Building in NSW even if some owners don’t agree

Strata, Strata Reform

Posted 14 December 2015

Proposed new strata legislation will make it possible for developers to access older strata buildings even where some lot owners are opposed. Currentl…

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Renovating Strata units – New laws, New Opportunities

Strata, Renovations, Strata Reform

Posted 07 December 2015

Owners of investment properties will, from time to time, carry out renovations. In fact, an investment property owner may even have acquired the prope…

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