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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 […]

Festive Strata Living: The Ultimate Guide to Hosting in Strata – VIC

The Ultimate Guide to Hosting in Strata - VIC

Living in a Melbourne Owners Corporation can offer a unique and vibrant community experience, especially during the festive season. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it’s essential to be considerate of your neighbours and follow Owners Corporations rules. To ensure harmony and […]

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 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 – NSW

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

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 

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 […]

The Role of A Owners Corporation Manager- VIC

The role of a strata manager- vic

The SSKB team of professional Strata Managers are fully equipped with the skills, knowledge, and experience to successfully implement strategies to deal with the day-to-day operations of an Owners Corporation community.  But sometimes people get confused about the duties of a Strata Manager.   Each state in Australia has different legislative requirements and terminology resulting in […]