4 Tips to Prepare Your Strata Building for El Niño – NSW
El Niño is a prolonged weather event that brings drier and hotter conditions. The Bureau of Meteorology declared that an El Niño event is underway for Australia . Consequently, heightening risks of high temperatures and increasing the likelihood of natural fires throughout Australia. In the wake of this declaration, it is important to be prepared […]
Who Pays for Repairs and Maintenance of Owners Corporation Property: VIC
Farewell to confusion—presenting your quick reference guide. Outlining who pays for repairs and maintenance of Owners Corporation property. Detailing the people accountable for covering repair and maintenance expenses within an Owners Corporation. When it comes to communal living, the Owners Corporation shoulders the responsibility for maintaining Common Property. While the individual Lot Owner usually takes […]
Who Pays for Repairs and Maintenance of Body Corporation Property: QLD
Bid farewell to confusion—presenting your quick reference guide. The following outlines who pays for repairs and maintenance of body corporation property. Detailing the people accountable for covering repair and maintenance expenses within a Body Corporate property. When it comes to communal living, the body corporate often shoulders the responsibility for maintaining common property. While the […]
Who Pays for Repairs and Maintenance of Owners Corporation Property: NSW
Farewell to confusion—presenting your quick reference guide. The following determines who pays for repairs and maintenance of Owners Corporation property. Outlining the people accountable for covering repair and maintenance expenses within an Owners Corporation property. When it comes to communal living, the Owners Corporation often shoulders the responsibility for maintaining common property. While the individual […]
Essential Guide to Strata Finance – QLD
Firstly, it is important to know what strata loans are: What are Strata Loans? In certain situations, a Body Corporate may encounter unexpected costs for emergency repairs or major remedial works. Ideally, there should be sufficient funds in the Sinking Fund. Also known as a Capital Expenditure or Maintenance Fund, to cover such costs. However, […]
Essential Guide to Strata Finance – NSW
Firstly, it is important to know what strata loans are: What are Strata Loans? In certain situations, an Owners Corporation may encounter unexpected expenses for emergency repairs or major remedial works. Ideally, there should be sufficient funds in the Sinking Fund. Also known as a Capital Expenditure or Maintenance Fund, to cover such costs. However, […]
Essential Guide to Strata Finance – VIC
Firstly, it is important to know what strata loans are: What are Strata Loans? In certain situations, an Owners Corporation may encounter unexpected costs for emergency repairs or major remedial works. Ideally, there should be sufficient funds in the Maintenance Fund, to cover such costs. However, if the funds are insufficient, the Owners Corporation may […]
Guide to being a new Committee Member – VIC
If you’ve recently become a Committee member in your strata scheme, congratulations! Your role is important in ensuring the smooth running of your community, and as a new Committee member, there are a few things you should keep in mind to make sure you’re effective in your position. We understand that being a new Committee […]
Guide to being a new Committee Member – QLD
If you’ve recently become a Committee Member in your strata scheme, congratulations! Your role is important in ensuring the smooth running of your community, and as a new committee member, there are a few things you should keep in mind to make sure you’re effective in your position. We understand that being a new Committee […]
Ultimate Guide to Strata By-Laws – NSW
If you are a resident or owner of a strata property in New South Wales, it is important to understand the strata by-laws that govern your building. First, let’s take a closer look at what by-laws are! Strata by-laws are a set of rules and regulations that are established by the owners corporation of a […]