News - SSKB - Strata Managers | Community Experts

Emergency Expenditure

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Guest post by Bronwyn Ablett from Nicholsons Solicitors There cannot be a crisis next week. My schedule is already full – Henry Kissinger. Emergencies happen. Even in bodies corporate. A water pipe may burst. Decayed structural wooden beams may be uncovered. Sometimes, the cost to deal

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Landlords Insurance in a Strata Complex

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Guest post by Kimberley Lundberg from Insurance Aid General Brokers If you own and rent a unit or lot in a strata managed complex, you might be tempted to think that the insurance your body corporate pays on your behalf (Strata Insurance) will protect you

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What Are Strata Loans?

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There are times a Body Corporate or Owners Corporation needs extra funds for emergency repairs or some unexpected major remedial works. Ideally there will be enough money in the Sinking Fund (also known as a Capital Expenditure or Maintenance Fund) to cover the work, but

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Now’s The Time To Be Storm Ready

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Australia is now in cyclone season which began on 1 November. So proactive strata communities should consider their storm readiness. The Bureau of Meteorology (BOM) has just announced the first cyclone for the season – Cyclone Owen – although a likely El Nino this year

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It’s Christmas Time In The City*

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It’s beginning to look a lot like Christmas! But before you ‘jingle all the way’ with the Christmas spirit, there are a few things to bear in mind before you deck the halls. You’ll need to check with your Body Corporate or Owners Corporation before

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Strata Committee Spending Limits

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One of the responsibilities to fall on the shoulders of committees is ensuring that funds for the repair and maintenance of the property are correctly spent. And, not surprisingly, different states have different rules to follow. Victoria Victoria doesn’t nominate a spending limit and instead

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Who’s Responsible For Fences?

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Good fences make good neighbours, observed the poet Robert Frost. The same can be said for strata communities, where keeping fences in good repair keeps the relationship between neighbours sweet. So, whose responsibility is it to maintain fences? In Queensland and New South Wales, it’s

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What You Need To Know About Schoolies 2018

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The end of the academic year marks the beginning of Schoolies, where Year 12 school leavers let down their hair and descend on some of the country’s most popular holiday spots. High spirits and immaturity combined can cause headaches for owners and residents alike in

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Term Deposit Tips For Strata Communities

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One of the great things about living in a well-managed strata community is knowing your regular levies (called fees in Victoria) help future-proof your investment. In addition to the Administration Fund, which takes care of the regular expenditure items (such as gardening and cleaning of common

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Help! Where Do I Find My OC Rules – Vic

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If you live in an Owners Corporation community, the chances are you’ve heard of something called rules (or OC Rules). These are the rules all the owners have agreed to abide by. The rules are voted on by all owners. Owners Corporations can choose to

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Help! Where do I find my by-laws – QLD

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If you live in a Body Corporate community, the chances are you’ve heard of something called by-laws. By-laws are the rules of a Body Corporate that all the owners have agreed to abide by. The by-laws are voted on by all owners and they are

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Help! Where do I find my by-laws – NSW

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If you live in an Owners Corporation community, the chances are you’ve heard of something called by-laws. By-laws are the rules of an Owners Corporation that all the owners have agreed to abide by. The by-laws are voted on by all owners. Owners Corporations can

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Go Smart, Go Paperless

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Did you know that Tuesday, 6 November is World Paper Free Day? The Association for Information and Image Management (AIIM) initiative looks to raise awareness of how much paper is used (and wasted) in business. In Australia, less than half of the paper used ends up in

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Permission For Pets – Qld

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Pets are part of the family but it is completely understandable that a Body Corporate Committee might want to pause for thought, before giving the ‘paws up’ to a new addition to the neighbourhood. Most Body Corporate communities have specific by-laws which put specific conditions

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‘Paws’ For Thought Before Choosing An Apartment Pet

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With apartment living becoming the lifestyle of choice for an increasing number of Australians, it comes as no surprise to find an increasing number of buildings becoming more pet friendly. Australians have one of the highest rates of pet ownership in the world: About 62%

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