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NSW Strata Land Reforms

NSW Strata Land Reforms

The New South Wales Government has made changes to Strata laws. This is effective from December 11, 2023, aiming to create fairness and transparency. These reforms stem from the Strata Legislation Amendment Bill 2023. Which is in response to public consultations and recommendations from the 2021 Statutory Review of the Strata Schemes Development Act 2015 […]

4 Tips to Prepare Your Strata Building for El Niño – VIC

4 Tips to Prepare Your Strata Building for El Niño – VIC

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 for […]

Who Pays for Repairs and Maintenance of Owners Corporation Property: VIC

Who pays for repairs and maintenance of Owners Corporation property

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

Who pays for repairs and maintenance of body corporation property

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 

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

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 – VIC

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 Owners Corp Cladding- VIC

guide to owners corporation cladding- vic

In June 2017, a vicious fire tore through London 24 Storey Grenfell tower, causing 72 fatalities. More recently, in February 2019 the Melbourne Neo 2000 building caught on fire from a lit cigarette on a balcony. The devastation was awful, and the tower was heavily damaged. After these events, stakeholders highlighted the issue of using […]

Guide To Owners Corporation Cladding- NSW

guide to owners corporation cladding- nsw

In June 2017, a vicious fire tore through London 24 Storey Grenfell tower, causing 72 fatalities. More recently, in February 2019 the Melbourne Neo 2000 building caught on fire from a lit cigarette on a balcony. The devastation was awful, and the tower was destroyed.  After these events, stakeholders highlighted the issue of using highly […]

Guide to Body Corporate Cladding- QLD

guide to body corporate cladding- qld

In June 2017, a vicious fire tore through London 24 Storey Grenfell Tower, causing 72 deaths. More recently, in February 2019 the Melbourne Neo 2000 building caught on fire from a lit cigarette on a balcony. The diaster was catastrophic, and the tower was destroyed. After these events, stakeholders highlighted the issue of using highly […]