New South Wales Archives - SSKB - Strata Managers | Community Experts
How to buy into Strata in the 2019 landscape

How to buy into Strata in the 2019 landscape

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Buying a new home or investment property requires careful consideration. Whether you are considering purchasing a house, apartment or townhouse, you should allow the same amount of consideration for each. There are many perks to living in a Strata property. From the sense of community,

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Strata collective sales - NSW

Strata Collective Sales – NSW

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A landmark court decision ordered the sale of a Sydney building following the option to approve Strata collective sales with the support from three-quarters of the building’s owners. The Strata Schemes Development Act 2016 made this first ever court-ordered collective sale possible. The legislation allowed

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Record keeping in Strata

Record Keeping in Strata

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A potential buyer of a unit within a block in Moore Park in Sydney undertook an inspection of Strata documents in 2015. The records that were found were described as “terrible”. Has this happened to you and is this an isolated incident? A buyers agent

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Opal Towers Class Action

Opal Towers – Class action

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Residents of Sydney’s Opal Tower have launched a class action against the New South Wales state government. It has been more than 7 months since residents were evacuated from their homes. Documents lodged with the NSW Supreme Court last Friday revealed that owners of the

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What to Look For in a Manager

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Every property is unique and can be run differently by each Committee. However, there are some attributes that your Community Manager should ideally have to ensure your scheme runs smoothly. The role of a Community Manager is to support Committees and ultimately your Body Corporate/Owners

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Mascot Towers Update

Mascot Towers – Update

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Last Sunday it was announced by the state government that they would fund a multi-million dollar emergency assistance package until the liability of Mascot Towers can be determined. The package also offers interest free loans to residents of up to $400 per night to assist

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Mascot Towers Defect

Mascot Towers Defect

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It has been one week since residents of the Mascot Towers building located in the south of Sydney were forced to evacuate. The evacuation was sparked by major cracks appearing in the beams of the building. Access for owners and residents Following the sudden evacuation,

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NSW Resident Dispute Leads to $120,000 For The Chairperson of the Strata Committee

NSW Resident Dispute Leads to $120,000 For The Chairperson of The Strata Committee

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The story below was published by The Sydney Morning Herald on 22 May. It refers to an owners dispute that has had real and financial consequences for the parties involved. It is a timely reminder that strata communities do not exist in isolation to those

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Financial Obligations

Financial Obligations

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Under Australian Tax Law, your strata property must fulfill certain financial obligations. Tax returns Australian Tax Law requires that bodies corporate lodge a tax return for their assessable income in the financial year. The rate and threshold of taxation applied to bodies corporate is the

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Your Role as an Owner

Your Role as an Owner

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The four fundamental responsibilities of an owners may be categorized as follows. An owner must- Abide by the Body Corporate and Community management Act, the regulation module and the by-laws Ensure their details are on the Body Corporate roll Maintain their lot and any exclusive

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The Role of the Committee

The Role of the Committee

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The Committee is the executive arm of the Body Corporate/Owners Corporation. The Committee has the duty of putting into effect the lawful decisions of the strata title. It is a group charged with decision-making power to deal with matters of lesser importance that confront a

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Unwanted Fire Alarms

Unwanted Fire Alarms

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Have you received a false alarm account from your body corporate for an unwanted alarm lately? Why does the owner, occupier or guest receive the bill for the call out by the Queensland Fire and Emergency Service (QFES)? There are many buildings throughout Queensland who

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Getting organised in your strata property

Getting Organised in Your Strata Property Marie Kondo Style

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It has been three months since the hit Netflix show got people to finally organize their lives, here is a bit of a reminder. Tidying up with Marie Kondo stars the Japanese decluttering expert. The more bags of clutter and rubbish that the home owners

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Strata Roles

Strata Roles

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The role of the Body Corporate Manager (BCM) relies heavily on building strong relationships with both the committee and the Resident Unit Manager (RUM) or building manager. All play different but important roles in ensuring the smooth and efficient running of your body corporate. A

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Cladding Update

Cladding Update

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The Queensland Government have developed ‘Safer Buildings’ to identify buildings in Queensland that potentially have combustible cladding. In Queensland, the owners of the buildings may be required to register their building and complete the combustible cladding checklist. Who Needs to Register? You are required to

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