Strata Insurance
Posted 05 March 2023
You may have recently seen in the papers that building in Lidcombe where the roof blew off in January and the owners found themselves in the situation with a strata policy which covers storm damage bu…
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Strata, Conveyancing
Posted 26 April 2016
Changes to the Swimming Pools Act 1992 and regulations come into force on 29 April 2016 and will have a direct impact on the sale, purchase or lease of properties with a swimming pool or outdoor spa.
…
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Strata, Strata Reform
Posted 29 February 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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Strata, Strata Reform
Posted 21 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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Strata, Management Agreements, Strata Reform
Posted 20 February 2016
The new strata laws have made significant changes to the appointment and role of strata managing agents.…
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Strata, Building Defects, Strata Reform
Posted 13 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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Strata, Strata Reform
Posted 18 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 accordance with a registered valuation.
When the sche…
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Strata, Building Defects, Renovations, Home Owners Warranty, Residential Building Works
Posted 14 February 2016
Anecdotally, we understand that SiCorp trading as the Home Building Compensation Fund (HBCF), the insurer who administers and underwrites insurance under the HBCF (formerly known as Home Owners Warran…
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