Friday Quiz Time!

With strata communities in NSW adjusting to the major reforms that came in to effect on 30 November 2016, some frequently asked questions have started to emerge. Fair Trading NSW have listed the most frequently asked questions, and the answers. Test your knowledge of the new strata laws with the questions below! Q: Will some…

Read More

Strata Law Reforms: By-law breach fines to increase

Jimmy Thomson from the Flat-Chat column has written an interesting article on the coming changes to strata by-law breaches. In summary, fines will double and for the first time these fines will typically be paid to the strata plan. If the offender reoffends within 12 months, the fines increase dramatically to thousands of dollars, creating…

Read More

Q&A: Is there a limit regarding strata levy increases?

This is one from the archives: a LookUpStrata reader wanted to understand whether there are any restrictions regarding the increase of strata levies to boost a sinking fund, and whether there is a limit to the frequency at which special levies are raised. Read the full question, and our detailed response by following this link.

Subscribe to our newsletter!

Many of you already follow us through LinkedIn, Facebook and Twitter. We have now added a regular Newsletter to this mix. If you are interested in staying across the latest from Premium Strata and industry developments, why not subscribe to our newsletter today? Simply click the ‘Subscribe’ button at the bottom of our website, under the…

Read More

Strata title management law changes seminar

On 23 February 2016, the Governance Institute of Australia hosts an information evening on the changes in Strata law. It covers important knowledge on current and future strata law; how the changes will impact you, explain strategies for dealing with the challenges of being in an Owners Corporation, go through what you can and can’t do with respect to your…

Read More

Best Wishes from the team at Premium Strata!

The team at Premium Strata wishes you an enjoyable festive season and a healthy and happy New Year! Our office will be closed from Tuesday 22nd December 2015 and reopen on Monday 11th January 2016. Should there be an emergency during this period please refer to the emergency trade list located on the notice board within your…

Read More

10 tips for strata buying success with Inger Brettle

Our very own Inger Brettle is quoted in this article on 10 tips for Strata Buying Success, which you can find on the ‘Which Investment property’ website. Keep you eye open for tip #9, where you find Inger’s recommendation on obtaining a Strata Inspection Report before you purchase a strat titled unit. Hit this link for…

Read More

Letterbox theft in Strata Buildings

Michael Pobi from Pobi Lawyers has written an interesting article about the theft of mail from strata titled buildings. Whether letterboxes are part of Common Property depend on how your specific strata scheme was registered. The registered strata plan for your building will show you the common property boundaries and lot property in the scheme….

Read More

Safety issues in strata titled buildings in Australia

The team at Kerin Benson Lawyers wrote an article on safety issues in strata titled buildings in Australia.They give 3 main reasons for why fire and life safety issues are still making headlines: 1.) The, what appears to be, endemic nature of building defects in buildings in Australia. “In a survey completed by the City Futures…

Read More

NSW Government proposes 2% defects bond

As part of its update of various strata laws, the NSW Government is proposing a 2 per cent defects bond on all new strata buildings, as a way to protect owners and to guarantee that building defects which might appear in the first two years, can be re-mediated. This new measure is expected to be…

Read More

How should Strata Meetings be run?

We have written a new article explaining how successful strata title scheme meetings, such as Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) should be run. We cover the meeting notification, proxy’s, voting instructions, meeting quorums and typical strata motions you can expect to find on your agenda. Hit this link for the full article, and…

Read More

The importance of Home, Contents and Landlord Insurance

The Latest FlatChat column in The Domain covers the very important topic of insurance. It uses an example of a strata unit that was flooded by the upstairs neighbours due to a malfunctioning dishwasher. The owner of the dishwasher acknowledges the cause of the damage to the unit below is from their flooding dishwasher, however did…

Read More