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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Posted 12 September 2022
Category: Strata
The Property and Stock Agents Regulation 2022 (PSAR) commenced on 1 September 2022.
The explanatory note to the PSAR notes the object of the Regulation is to remake, without substantial changes, the Property and Stock Agents Regulation 2014, which is repealed on 1 September 2022 by the Subordinate Legislation Act 1989, section 10(2).
While the new regulation does repeat, for the most part, the content of the 2014 Regulation, there are a number of changes that managing agents should be aware.
The primary change for strata and community managing agents relates to the expansion of the requirements under Schedule 4 Rules specific to strata managing agents and assistant strata managing agents (previously Schedule 6 of the 2014 regulations). Clause 1 of Schedule 4 is set out in full below:
1) Co-operation about records, access and transfer
Barring some minor amendments to its wording, clause 1(1) mirrors clause 1 of the 2014 regulation. The additional items are detailed in clauses 2 and 3, which expand the obligations to apply where the owners corporation or association is changing to self-managed scheme.
Some of the other amendments incorporated into the new regulations include:
***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.