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Posted 01 December 2015
Category: Strata, Archives
With new strata laws expected to commence on 30 November 2016, the first thing for strata managing agents to address is their appointment:
You should consider entering in to fresh agreements with existing clients as many current agreements will expire on 31 December 2016.
You should also consider making some changes to your agreement templates to deal with this part of the reform and other parts of the reform.
Adopt a policy aimed at reducing the risk of missing one of the steps required to prevent an agreement expiring without extension or reappointment.
***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.