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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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Cannot get Home Warranty Insurance – What can you do?

Strata, Building Defects, Renovations, Home Owners Warranty, Residential Building Works

Posted 15 February 2016

Anecdotally, we understand that SiCorp trading as the Home Building Compensation Fund (HBCF), the insurer who administers and underwrites insurance un…

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NSW Strata By-Laws – What investment property owners need to know

Strata, By-Laws

Posted 09 February 2016

The new strata laws will make a number of significant changes to the making and enforcement of by-laws. The commencement date is 30 November 2016 and …

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Better resolution of building defect claims

Building Defects

Posted 08 February 2016

There may be a way to avoid lengthy and costly litigation and focus on what matters – the rectification of building defects.  Some builders, partic…

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How to save Legal Costs

Strata

Posted 09 February 2016

Like most lawyers we charge our clients for the time spent on their matters. Clients can greatly assist us in reducing the time spent on their matters…

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