A bespoke up-to-date strata management agency agreement template and proposal, tailored for your firm!
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A bespoke up-to-date BMC agency agreement template and proposal, tailored for your firm!
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A bespoke contract to enable service charges direct to owners who want that special service that the committee does not wish to pay for.
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A bespoke up-to-date community, precinct and neighbourhood agency agreement template and proposal, tailored for your firm!
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Contract between a strata manager and a developer for pre-registration services.
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A bespoke up-to-date building management agency agreement template and proposal, tailored for your firm.
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A tailored by-law for your renovation works.
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An agreement from the owners corporation to owners or occupants to supply amenities, such as, electric vehicle charging infrastructure, telecommunication services, window cleaning, garbage disposal and recycling services.
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Legal advice to inform you of the measures to take to properly balance the contract and make it legally compliant.
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Advice on the impact of the insurance and terms of the deed of release.
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Advice regarding losses following defective reports following property purchase.
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Posted 11 August 2021
Category: Security of Payments
Owners corporations and owner occupiers entering into contracts with builders need to be aware of the Building and Construction industry Security of Payment Act 1999 (NSW) (SOPA) to avoid payment disputes which can be very costly and difficult to challenge.
While owner occupier residential contracts were previously exempt from SOPA prior to the commencement of the Building and Construction Industry Security of Payment Regulation 2020 (NSW), owner occupier construction contracts entered into on or after 1 March 2021 are now caught by the SOPA regime. This change provides additional relief to residential builders. Residential builders will now be able to serve payment claims on owner occupiers and refer payment claims to adjudication under SOPA.
We have previously prepared a number of factsheets about the adjudication process and the timeframes for a response.
The NSW Government is currently proposing reform of SOPA to change the timeframes available to respond.
Schemes should consider their contracting practices and obtain legal advice prior to entering into contracts to avoid a lengthy and expensive process under SOPA.
***The information contained in this article is general information only and not legal advice. The currency, accuracy and completeness of this article (and its contents) should be checked by obtaining independent legal advice before you take any action or otherwise rely upon its contents in any way.