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Should new owners corporations obtain Building Defects Report?

Building Defects

Posted 01 December 2014

Short answer is yes, Why? For the reasons set out below in the UNSW research, which are supported by our experiences below. Pre-purchase inspection re…

Building Defects – Owner-Builder Work

Building Defects, Residential Building Works, Construction

Posted 17 November 2014

In a Nutshell Owner-builder work is presumed to have been completed within 18 months after an owner-builder permit is issued, or earlier if an occupat…

Burst Pipes and Strata Insurance

Strata Insurance

Posted 06 November 2014

A common claim under owners corporation’s building insurance policies relates to losses arising from burst pipes. Usual uninsured losses Generally s…

Compulsory Acquisition of Strata Property

Strata

Posted 20 October 2014

Compulsory acquisition of land by Commonwealth and State authorities has long been controversial, but anxiety has risen in recent years. A number of m…

Building & Construction Industry Security of Payments Act 1999 (NSW)

Building Defects

Posted 19 October 2014

Owners corporations enter into many agreements not realising the interim relief payment requirements that they may be subject to under the Building an…

Building Defects Claim Update – High Court Hands Down Decision in Brookfield Case

Building Defects

Posted 09 October 2014

In a Nutshell On 8 October 2014, the High Court in Brookfield Multiplex Ltd v Owners Corporation Strata Plan 61288 [2014] HCA 36 (“the Brookfield …

With Great Power Comes Great Responsibility: Strata Managers and Section 162 Appointments

Strata, Archives

Posted 09 October 2014

Introduction In Xabregas v The Owners – Strata Plan No 79205; Moallem v Consumer Trader & Tenancy Tribunal (No 2) [2014] NSWSC 1027 (31 July 2…

Strata Managing Agents – Tips on Managing Risk

Strata

Posted 29 September 2014

Ever more is expected of strata managing agents, in terms of the broad range of issues they are required to deal with and in terms of the high standar…

Strata Management Agency Agreements – How much Liability do Strata Managers have?

Strata, Management Agreements

Posted 09 September 2014

Strata managing agents provide a broad range of services to their owners corporation clients, ranging from accounting and other administration to prop…