Strata News Weekly – 9 June 2017

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Hoons turn Gold Coast’s most prestigious beachfront suburbs into drag strips after dusk HOONS on modified motorcycles or in sports cars are turning the Gold Coast’s most prestige beachfront suburbs into drag strip after dusk. Business leader Max Christmas revealed he has written to the

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Strata News Weekly – 2 June 2017

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Parking Space Stoush Ends In Court Last month in the Supreme Court, an owners’ corporation (OC) in South Yarra unsuccessfully attempted to join two firms of solicitors that acted for lot owners in the purchase of their units, in an effort to see them held

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Strata News Weekly Round Up – 26 May, 2017

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We’re starting a new feature – a weekly wrap up of strata news in the media: Week ending 26 May, 2017 Woman wins four-year legal battle over gap in sliding doors When strata owner Dr Anne Davis noticed rain blowing through a gap in the

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Dealing With Arrears

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Strata living is all about sharing – sharing common property facilities as well as sharing physical infrastructure. Another thing which is shared is the associated costs in keeping the scheme compliant with its legal and statutory requirements, and ensuring the property and facilities are kept

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Australia Post Delivery Issues

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SSKB shares the frustration of our committee members and lot owners over missing and delayed mail delivery. Since Australia Post changed its terms of service at the end of 2015, we have received feedback from our clients that important information relating to their property has

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Sinking Funds – Queensland

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A bodies corporate sinking fund is effectively a deposit which exists to allow a body corporate to pay for repairs and maintenance of a building. The money in a sinking fund can be spent on several different things.  Firstly, it can be spent on anticipated

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Maintenance Funds – Victoria

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An owner’s corporation’s maintenance fund is effectively a deposit which exists to allow an owners corporation to pay for repairs and maintenance of a building, in accordance with the scheme’s maintenance plan. The money in a maintenance fund can be spent on several different things. 

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Capital Works Funds – NSW

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An owners corporation’s capital works fund is effectively a deposit which exists to allow an OC to pay for repairs and maintenance of a building. The money in a capital works fund can be spent on several different things.  Firstly, it can be spent on

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Moving Into A Strata Community

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Moving into a strata community opens the door to a whole new style of living which is quite different to owning or renting a stand-alone residence. The main difference is by-laws, or rules, which govern each strata complex. By-laws/rules are set by all owners and

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Do I Need Permission To Renovate? Qld

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You’ve been saving up, and you’ve decided renovating or improving your apartment sounds like a good idea.  You know what you want to do, how much it will cost you, and approximately how long it will take before you will be living in recently renovated

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Do I Need Permission To Renovate? Victoria

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You’ve been saving up, and you’ve decided renovating or improving your apartment sounds like a good idea.  You know what you want to do, how much it will cost you, and approximately how long it will take before you will be living in recently renovated

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Do I Need Permission To Renovate? NSW

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NEW SOUTH WALES – Internal Improvements – is permission required? (Do I need Permission?) You’ve been saving up, and you’ve decided renovating or improving your apartment sounds like a good idea.  You know what you want to do, how much it will cost you, and

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Understanding Owners Corporation Insurance – Vic

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block.  In Victoria, owners corporations are required to insure common property, public risk and every building which contains an owner’s lot (i.e. an

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Understanding Insurance – NSW

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block. Under section 160 of the Strata Schemes Management Act 2015, the owners corporation must insure the building under a damage policy (for

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Understanding Body Corporate Insurance – Qld

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Even considering an insurance policy is enough to give most people a headache – let alone handling insurance for a multi-storey apartment block.  In Queensland, the Body Corporate and Community Management Act requires the body corporate to insure common property, body corporate assets, public risk and every

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