Strata Fees, Strata Levies, Management Fees. What’s the difference?

Strata Fees, Strata Levies, Management Fees. What’s the difference?

We have just published a new article in which we provide some more details around strata levies (or strata fees) and strata management fees. There are a number of ways in which a building can be ‘creative’ in reducing the levies it needs to raise. This article highlights the need to do your homework before…

Update on new NSW Home Building Amendment Act

Update on new NSW Home Building Amendment Act

The NSW Department of Fair Trading announced that the NSW Home Building Amendment Act and Regulations will commence in two stages. Most changes commence on 15 January 2015. Further amendments concerning contract requirements will commence on 1 March 2015. For details on which changes are implemented, and when these will be implemented, please hit this link from the DFT.  

Executive Committee Nominations

Executive Committee Nominations

The executive committee has a significant amount of power in the day to day affairs of the scheme, so needless to say, you don’t want to find out you got the nomination process wrong. Knowing if your nomination will be valid involves considering the following questions:   After nominations are sorted out, then its time…

Noise issues in Strata Schemes

Noise issues in Strata Schemes

Noise is one of the most common cause of complaints within residential strata buildings. Complaints may involve noise from hard floors and lack of appropriate floor coverings, mechanical noise from air-conditioning equipment, motor vehicles and alarms, noise from renovation works, noise from activities such as parties and music and noise from barking dogs and other…