Our very own Leanne Habib is mentioned in the article ‘Units nail home the X-factor’ in the Parramatta Advertiser of 24 February 2016. Leanne provides her view on apartment living and our cooperation with EcoWorld, the developer of the West Village project in Parramatta. Hit this link to view the article! And here a link to…
Allison Benson from Kerin Benson Lawyers has written a great article on how the size of your strata scheme influences legal requirements the Act sets for your Strata Scheme. Obviously, the larger the scheme the more lots there are to help in paying for the administration, maintenance and upkeep of the property. However, in addition there are…
Don’t forget that if you successfully refer a friend to Premium Strata, we will give you a $500 voucher to show our appreciation! Small businesses like ours rely on referrals, so please help us out by telling your family and friends. They can contact us on 02-92816440 for an obligation free chat!
The recent reform of NSW strata laws generated some media interest in smoking in strata buildings. This is because the NSW Government said that the new strata laws would make clear that smoking and secondhand smoke exposure could constitute a nuisance that could be outlawed. So, what can be done about smoking in strata buildings? Can smoking be…
Now it’s possible to keep track of Sydney’s booming property market with detailed individual property sales histories using ‘NSW Globe‘, a plug-in that works in conjunction with Google Earth. The NSW Government office of Land and Property Information developed this plug-in to provide you with free and easy access to view up to date imagery, address, terrain…
The Domain has written a nice article summarising 10 proof points confirming that you purchased a strata unit in a good block: The entrance hallway or foyer should be clean, bright and welcoming. The lifts should be clean and graffiti free. Neighbours greet each other with a smile Social activities are organised in your block,…
We have written about the Strata Law reforms before, however our friends at Clinch Long Letherbarrow Lawyers have written a great article on the NSW Strata Law Reforms that we wanted to share with you. The article summarises the key changes the new laws are expected to bring. These include: By-laws – under the new…
The NSW State Government is introducing strata law reforms to protect buyers of off-the-plan strata apartments against developers who rescind their contracts and reselling near completed properties for inflated prices. These are commonly known as ‘sunset clawbacks’. There have been occasions where developers exploited loopholes in existing laws intended to protect consumers. The existing contracts allow developers, legally,…
On 15 January 2015, the new amendments to the NSW Home Building Act 1989 introduced a new register for home owner warranty insurance (“HOWI”). The register records home owner warranty insurance contracts entered into after 1 July 2010. The team at J.S Muellers & Co Lawyers have written a useful update on this new home owner warranty…
Home warranty insurance generally protects an owners corporation from being out of pocket for the cost to repair building defects where the builder has been made bankrupt. In other words, home warranty insurance is intended to allow an owners corporation to be indemnified by the insurer for any loss it suffers as a result of incomplete…
The state government is going ahead with its strata law reform. This article covers some of the proposed changes. The draft Strata Schemes Management and Strata Schemes Development Bills, available on fairtrading.nsw.gov.au, will be open for feedback until 12 August. Final bills will be introduced to Parliament later this year.
The Department of Fair Trading has produced a series of short videos. The first two in the series are about the simple things you can do around your home to prevent these falls. They include easy step-by-step instructions on how to install window safety devices yourself. The third video in the window safety series helps…
Another great article from Bannermans Lawyers. This article provide five things to consider when your strata titled building has water penetration issues
Our friends at Bannermans Lawyers have written a brief overview of what an Owners Corporation can do when they find items dumped on Common Property. Hit this link to read more.
A national survey on strata-titled property conducted by Griffith University (QLD) shows, perhaps unsurprising, that surveyed unit owners named building defects as their No. 1 challenge. The other mains issues identified by apartment owners included poor strata title management and low-quality executive committees of owners corporations or body corporates. We at Premium Strata can assist you with all these…
Building owners will be familiar with the legal requirement to lodge a fire safety statement with the local council and fire brigade every year. The process usually involves a fire services contractor attending the building, inspecting and testing fire safety measures and certifying they are compliant or recommending work to make them compliant, and once…
Following the recent storms and floods, Kerin Benson wrote this quick refresher for owners corporation’s and lot owners on what their respective duties are when common property is damaged. Hit this link to read the full article!
In a previous article we wrote, titled Strata Fees, Strata Levies, Management Fees. What’s the difference?, we explained that the amount you pay in strata levies are typically dependent on three factors: the location and quality of your building and the facilities offered. Levies can be kept artificially low in a number of ways. For example,…
Premium Strata is pleased to announce another new starter, with Jeremy Delaney joining the growing team as a Licensed Strata Manager. With Jeremy we gained another experienced strata manager. Jeremy’s experiences offer extensive knowledge in Strata Schemes and Neighbourhood Associations, which we believe will add considerable value to your strata scheme. Jeremy most recently worked for Body…
Shared electricity usage is often one of the largest expenses for a strata titled building. Owners Corporations of larger strata buildings could spend upwards of 5 figure sums on their power bill. The building’s lobby, hallways, fire stairs, gardens and car park all need lighting. Then there are pools, air conditioning and central water heating. You…