Strata News & Information
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Hello <<First Name>>
Welcome everyone to this edition of Strata News.
Our latest Poll results are in - read the post below to find out how short term lettings are affecting your apartment buildings: Are there short term let apartments in your building?
Strata Questions: we have had an increase in the amount of strata questions coming in from members - which is fantastic! We do our very best to help when and where we can. Unfortunately, sometime we do not have the resources available. We have been creating blog posts out of the most interesting questions so everyone can benefit from the answers. We hope you enjoy these posts. We also have a best quick question of the week mentioned below - about "No junk mail" stickers on letterboxes.
Did someone forward this newsletter to you? Lucky you! Did you know that only newsletter subscribers can participate in our frequent polls? Make sure we arrive in your inbox next edition by subscribing here. That way, you will never miss a newsletter and you can join in on our next poll question too!
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We are keen to talk with people who are interested in contributing quality strata articles to our blog.
Present your strata knowledge to the Strata Community.
Contact me for more information - nikkij@lookupstrata.com.au
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NSW: Pushing the Right Buttons - Lift Contracts for Strata Schemes
David Bannerman and Tony Earls, Bannermans Lawyers
Lifts & escalator refurbishments & upgrades are amongst the largest items of expenditure that owners in strata schemes commission. Yet such works are excluded from the consumer protection provisions of the Home Building Act (NSW) 1989.
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Poll: Are there short term let apartments in your building?
LookUpStrata
Our recently poll asked about short term let apartments in your scheme - where they happening and if so, how was it affecting the building and the community?
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Best Quick Question of the Week
This week were asked about "No Junk Mail" stickers on letterboxes. The Q&A can be read in the comments section of this post: Common Property Letterboxes, CCTV Cameras and Letterbox Theft. Thanks Michael Pobi for providing the response!
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Why is a Strata Inspection Report so important if I am considering buying a Unit, Apartment, townhouse villa or commercial property within a Strata Scheme?
Paul Mulligan, Find Our Home
Buying into a Strata Scheme may be one of biggest financial decisions that you may make! Why is a strata inspector report an important part of the process?
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NSW: Proxy voting, storage units and unit entitlements. Do they count as legal votes?
Leanne Habib, Premium Strata
In this building, storage units hold unit entitlements. Then what happens in a meeting - does the vote of a storage unit equal that of an apartment?
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Interesting Discussion
We have been having an interesting discussion this week in our LinkedIn group about the use of Sniffer Dogs for detecting drugs in apartments. If you would like to read more, or contribute, click here.
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Office Bearers Liability – An option or a must have?
Lia de Sousa, Whitbread Insurance Brokers
Office Bearers Insurance is an important cover designed to provide protection to the Owners Corporation committee members against losses arising from alleged wrongful acts committed in the course of carrying out their duties as a committee.
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NSW: Is There Enough In The Sinking Fund?
Paula Byrnes, Metropolitan Strata Reports
How about the sinking fund plan? Dig deeper than the sinking fund balance when buying a new strata property, as a big balance does not always tick boxes.
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NSW: Free car parking: Tribunal upholds exclusive use car parking by-law
Carlo Fini, Nexus Lawyers
Croyden & Anderson v The Owners – Strata Plan No 1583 demonstrates that an exclusive use car parking bylaw can be hard to repeal.
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QLD: What determines the Maximum length for Management Rights Agreement terms?
Lisa Rutland, MyBodyCorpReport.com.au and
Frank Higginson, Hynes Legal
When it comes to determining the length of management rights agreement terms, like most things in strata, it can be quite complicated.
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NSW: Dividing Fences - the who, what and when
Allison Benson, Kerin Benson Lawyers
Dividing Fences Act 1991 (NSW) applies to all “dividing fences” but not to a common property fence dividing two lots within the strata scheme or a common property fence dividing a lot and the common property.
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Michael Crawford, Property Observer
Apartments in Brisbane, Sydney and The Whitsundays are in the peak of the market, according to the Herron Todd White October 2015 property clock.
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A Current Affair
Soaring house prices mean more Australians are living in apartments. But there are plenty of hidden traps, for both buyers and renters, that often leave families frustrated and angry.
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Sue Williams, Domain
Hundreds of off-the-plan purchasers across Sydney – who paid deposits two to three years ago – have had their contracts torn up and apartments placed back onto the market.
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Matt Johnson, Business Inside Australia
This company, Kasita, is working towards building a network of tiny homes (and buildings to store them in) that can seamlessly move from city to city. Here’s how they work.
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