Welcome everyone to this edition of Strata News, now going out to over 1000 subscribers each week.
Our new poll topic for the week is based on Andrew Suttie's article: The Short-term Letting Stoush listed below. How does short term letting affect your strata scheme? Let us know if the following poll.
Please participate in this survey. Look out for the results in next week's newsletter.
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Letters of Demand - Don’t sweep it under the carpet
Renee Cassidy, Whitbread Insurance Brokers
When it comes to letters of demand, take it from us - no matter how far-fetched the claim seems, whether you believe it happened or not, never ignore it!
Andrew Suttie of Nicholsons Solicitors,
a member of the Hunt and Hunt legal group.
Private short term letting in residential apartments is becoming more prevalent. What impact does it have on body corporates & what power do they have to stop it?
The Pitfalls of Engaging an inexperienced Strata Inspector
Paul Mulligan, Find Our Home
Before you organise a strata report, do some research into the background of the strata inspection company. Choosing an inexperienced, uninsured strata inspector could cost you $10,000’s to $100,000 of dollars.
Developer asks: does building insurance cover appliances and electrical items during the build?
LookUpStrata &
Whitbread Insurance Brokers
Q&A: Building Insurance - what does it cover prior to occupancy? How about appliances & electrical items. See what Whitbread Insurance Brokers have to say.
Proposal for NSW Developers to pay a Bond for defects in new Residential Apartments
Pierrette Khoury, Turnbull Bowles Lawyers
State Government is seeking to implement a 2 percent NSW developers defects bond on new apartment blocks. The idea behind the bond is to act as a security fund to ensure building defects can be fixed by developers.
VIC: Common Property Leases and Licences – Legal Checklist
Nicole Wilde, Tisher Liner FC Law
In order to validly grant common property leases, the Owners Corporation must pass a special resolution. Have you thought about all the items which need to be considered?
NSW: Can Owners Corporations really hide files to cover up serious issues in the building?
Paula Byrnes, Metropolitan Strata Reports
I did an inspection of an apartment building on the Northern Beaches. Looking at it from the outside, it can only be described as bespoke and luxurious … ah, but never judge a book by its cover!!
QLD: Another failed attempt to terminate a management rights agreement
Frank Higginson, Hynes Legal
To terminate a management rights agreement the conduct complained of must be relatively serious. Bring termination proceedings for minor or technical matters at your own peril.
NSW: What Can You Do When The Developer Retains Control Of Your Strata Building?
David Bannerman, Bannermans Lawyers
Can appointment of section 162 strata managers bring balance back to a strata building where the developer retains control after occupation of the building?
News.com.au CONSOLIDATING to sell: It’s when good neighbours become instant millionaires. A group of nine homeowners in a quiet suburban street on Sydney’s north shore have pocketed an average of $7.3 million each after joining forces to sell up.
NSW: Public Feedback Sought on Off the Plan Sunset Clauses
The NSW Government is conducting a survey to seek your feedback about off the plan property sales and assess the issues related to this type of property sale in NSW.
If you would like to take part in this survey about buying and selling property off the plan, you have until 14 October to submit your thoughts.
Dee Pannell, Strata Vote
Will electronic voting reduce owner apathy and reduce quorum issues? We look at some of the benefits of introducing electronic voting at your scheme.
Queensland Waters Down ‘Off the Plan’ Protection Laws - See more at: http://sourceable.net/queensland-waters-down-off-the-plan-protection-laws/#sthash.Y9OIcQxd.dpufVIC:
