New Strata Legislation Brings More Transparency for Property Owners and Committee Members in NSW

New Strata Legislation Brings More Transparency for Property Owners and Committee Members in NSW

The NSW Government recently introduced the Strata Managing Agents Legislation Amendment Act 2024. This legislation, implemented in stages starting 8 November 2024, aims to increase transparency and accountability, giving strata property owners and committee members a clearer view of their strata managers’ practices and potential conflicts of interest. Key Dates and What to Expect The…

Demystify Strata Series #3

Demystify Strata Series #3

In this series, we will cover obtaining strata permission for an outdoor umbrella, the rules regarding e-bikes in the building, the relocation of power boards for easier access for all lot owners, and common property obstructions. As the CEO of Premium Strata, I often receive questions during General Meetings, in publications, and through direct messages…

Demystify Strata Series #2

Demystify Strata Series #2

In this series, we will cover property entitlements, what happens when a committee member is defeated, who ensures adherence to short-term rental accommodation (STRA) regulations, and the rules surrounding the archiving of digital documents. As the CEO of Premium Strata, I often receive questions during General Meetings, in publications, and through direct messages that seem…

Demystify Strata Series #1

Demystify Strata Series #1

In this series, we will cover key topics such as managing insurance claim funds, the responsibilities of a strata manager regarding trust accounts, who is responsible for investigating cracks in your townhouse, and how to address noise issues caused by your neighbour’s floorboards. As the CEO of Premium Strata, I often receive questions during General…

September Newsletter 2023

September Newsletter 2023

STRATA INSIGHTS In the September edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies and industry updates. OCN STRATA MATTERS CONFERENCE Premium Strata is working with Australian Apartment Advocacy (AAA) to ensure that lot owners are supported in the event that a builder faces…

August Newsletter 2023

August Newsletter 2023

STRATA INSIGHTS In the August edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. NCAT Case – Disputes Between Owners A recent NCAT case delves into the outcomes of legal proceeding that did not amount to contempt of court…