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Strata News & Information
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Hello <<First Name>>
Please note: Coming up to the end of 2016, next week will be our last newsletter for the year. Our office will be closed from the 22nd Dec thru to the 13th Jan. Our first newsletter of 2017 will be out on the 18th Jan.
Catch up on the latest Q&As, with these articles:
We have a call out from our engaged subscribers for more content specific to Western Australian legislation. Please let me know if you can assist.
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Attn: Strata Managers, Building Managers,
Service Professionals, Committee Members, and Lot Owners
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THE Strata Directory provides a dedicated database of businesses and services for strata managers and lot owners. Looking for a strata lawyer, financial advisor, plumber and electrician or maybe maintenance work is required? Australia wide - you'll find what you're looking for here.
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NSW: Q&A Can a Strata Lawyer Represent the OC During Strata Mediation?
Leanne Habib, Premium Strata
Question: During strata mediation, should the Owners Corporation's solicitor be allowed to represent the OC against an individual lot owner?
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Compulsory Strata Audits in NSW Section 95: The Sleeper Issue
Kelly+Partners Chartered Accountants
The new mandatory audit provisions, determined by Section 95 of The New Act, give a specific set of guidelines for the calculation of annual budgets specifically for the determination of mandatory audits.
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WA: Can My Strata Levies be Increased to Cover Outstanding Levies?
Paul Keet, Strata Asset Services (WA) Pty Ltd
We have received a detailed response to this question. Head to the comments section at the bottom of this article for the reply. Thank you to Paul Keet for providing the information.
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VIC: Owners Corporation Reinstatement and Replacement Insurance – What Should it Cover?
Nicole Wilde, Tisher Liner FC Law
The Owners Corporation Act 2006 (VIC) provides that an Owners Corporation must take out reinstatement and replacement insurance for all buildings on the common property. This has led to some confusion regarding the extent of an Owners Corporation’s insurance obligations and thus the duty of the managing agent.
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NSW: Discovery of Defects or Missing Items After Purchasing a Unit
David Bannerman and Anne Fernando, Bannermans Lawyers
Where this happens, owners may require that missing items be installed, or request rectification or payment in lieu. Owners may be able to recover for the defects from a range of parties, including builders, subcontractors, developers and home warranty insurers.
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NSW New Strata Laws: Preparing For The Future – Part 2 PODCAST
Amanda Farmer, Your Strata Property
What strata owners need to know about the new NSW strata law: Part 2 discusses parking, overcrowding in apartments, pets, smoking, model by-laws and other matters relating to the changes.
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Apartment and Unit Managers Urged to Review Security
Stephen Raff, Ace Body Corporate Management
Apartment and Unit Managers Urged to Review Security, as cars and mailboxes targeted by crooks. Identity theft must be avoided by thousands of residents. Thieves to target empty properties over the holiday period.
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Jimmy Thomson, Domain
Fair Trading Minister Victor Dominello has promised to crack down on strata “tyrants” and cheats who set out to circumvent the letter and the spirit of the new laws that came in last month.
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Michael Teys, Block Lawyers
Once you've made it through the gauntlet of contracts and settlement, it's time to run your strata scheme. Michael Teys' final segment of this series looks at the process of strata governance.
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Most Read Article From Last Week's Newsletter
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VIC: Q&A Balcony Concrete Cancer - Who Fixes What?
Peter Berney, Solutions in Engineering
Balcony repairs due to concrete cancer - where does the line between lot owners responsibility and common property exist? Who is responsible for the cost of repairs?
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Prox Access
Security company specialising in RFID
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Consumer Property Law Review
Last Chance Victoria
The Options Paper for the reform of the Owners Corporation Act 2006 was put out a last week. The paper is now open for public consultation.
This options paper examines the issues that have been identified for reform, and presents options for consideration in areas such as egulation of owners corporation managers and decision-making within owners corporations.
Submissions Due: COB 16 Dec 2016
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Property Law Review – Have Your Say On Body Corporate Issues
A review of Queensland’s property laws is being conducted by the Commercial and Property Law Research Centre of QUT for the Queensland Government.
QUT has recommended that a new system for dividing costs in community titles schemes be adopted.
The Government would like to hear from the community and industry about whether they consider QUT’s recommendations to be a fair and practical.
Submissions Due: COB 23 Dec 2016
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New Strata Laws Page
Strata laws in NSW have been modernised to suit the way we live, today and beyond. Getting renovations approved is now simpler and there are online options for meetings and voting. Your strata community will need to review its rules (called by-laws) and consider any updates, such as the decision to allow pets and on what terms. There are new model by-laws to help with this process.
Owners, Tenants and Industry Sections
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