Taking control of your strata schemes EOFY as a member of the committee
The end of the strata schemes financial year (EOFY) is a critical time for strata committees to review their scheme’s performance, ensure compliance, and plan for the future. Here are the key steps committees should undertake: 1. Financial Review 2. Budget Planning 3. Sinking/Maintenance Fund Forecast Update 4. Insurance Valuations 5. Fire Safety Compliance 6. […]
The Big Switch: What Strata Communities Need to Know About Management Rights
When a Strata community undergoes changes in building management, it can be a complex process. The assignment of management rights is a significant event that requires careful handling to ensure both legal compliance and the long-term success of the community. The following are the key considerations for Strata communities when transferring management rights. Understanding the […]
Growing the SSKB Community
SSKB Update Since the early 1990s, when we were known as ‘Stewart & Silver’, to ‘Stewart, Silver, King & Burns’ in the mid-1990s, and now simply ‘SSKB’, we have undergone several name and logo changes and changes in ownership. One thing that has remained constant over the past 30 years is our dedication to you, […]
Body Corporate Legal Obligations
Ensuring Work Health and Safety in Strata Schemes: Legal Obligations for Bodies Corporate The recent prosecution of a strata scheme after the tragic death of a man in New South Wales is a sobering reminder for Bodies Corporate of the critical need to uphold legal obligations and ensure the safety of common property areas. In […]
SSKB Strata App Update
Exciting news for all SSKB strata scheme lot owners and committee members! We’re pleased to introduce an innovative new feature in the SSKB app that will make managing your strata lot even easier. With our latest update, you can now view your full transaction history directly on the Lots and Levies page, providing you with […]
Body Corporates Responsibility to Maintain Common Property Security – QLD
In 2023, Queensland crime rates alarmingly reached a 20-year peak, surpassing all previous rates since 2003. One of the most significant offences affecting these statistics is robbery, which has more than doubled since 2014. For many the increased crime rates are unsettling. This leads us to consider how we can increase security in both our […]
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 […]
Navigating the Rules and Regulations of Airbnb in Strata – VIC
Airbnb has changed the travel and accommodation industry, allowing hosts to share their homes with guests from around the world. However, when it comes to Airbnb hosting within an Owners Corporation, there are specific rules and regulations property owners must be aware of. In this article, we will be navigating the rules and regulations of […]
The Ultimate Guide to Hosting in Strata – QLD
Living in a Queensland strata property can offer a unique and vibrant community experience, especially during festive seasons. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it’s important to be considerate of your neighbours. As well as follow Queensland’s strata bylaws and the directives […]
The Ultimate Guide to Hosting in Strata – NSW
Living in a Tweed Heads / Northern NSW strata property can offer a unique and vibrant community experience, especially during festive seasons. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it is essential to be considerate of your neighbours and follow New South Wales’ […]