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sskb strata managers news round-up

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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Having those levies paid means there's money for maintenance and repairs, SSKB gives top strategies for managing levy arrears

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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SSKB Strata Managers look at Australia Post's delivery issues

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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SSKB Strata Managers looks at Capital Works funds, Maintenance Funds and Sinking Funds

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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SSKB Strata Managers looks at Capital Works funds, Maintenance Funds and Sinking Funds

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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SSKB looks at by-laws and rules for residents new to a strata community

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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SSKB looks at what lot owners need to do to get permission to renovate

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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SSKB looks at what lot owners need to do to get permission to renovate

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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Maintenance – don’t be ‘penny wise and pound foolish’

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Short on funds?  When committees are looking for somewhere to make some savings, one of the easiest places to look can be at maintenance.  Committees may believe saving is good and spending is bad, or vice versa, and it is often tempting to forego basic

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The increasing popularity of electric cars poses special issues for strata communities

Electric Vehicle Charging for Strata

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As the Electric Vehicle (EV) industry grows in Australia, the need to get a more proactive glance at EV charging issues and solutions for strata buildings is at large. ​ Not only is there a projection for EV to be 31.9% of the nations yearly

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SSKB strata managers looks at parking issues that may be plaguing your strata community

Park It!

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There can be nothing more frustrating than coming home after a long day to your apartment to find another car in your allocated car park.  Equally as frustrating can be finding dedicated visitor’s parking spaces chock full of cars which have been there for a

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SSKB strata managers recommends lot owners check with the legislation as well as their neighbours when it comes to renovations.

Renovation Rescue

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One of the big confusions experienced by people new to strata living is understanding the difference between your private property (your lot) and common property (which belongs to every owner). It might seem straight forward to think that everything within your four walls is your

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What Community Managers Wished RUMs Knew About Strata

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The relationship between property managers, caretakers and Resident Unit Managers (RUMs) and strata Community Managers is an important one. Together, they ensure strata communities are well run from legislative compliance and financials, through to maintenance and repair of the building itself. Even though they have

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