Purchasers of lots in a new strata plan find themselves members of a new owners corporation, which has a lot of work to do during the lead up to its first annual general meeting. That meeting must take place within two months of the expiry of the “initial period”, i.e. the period within which one…
A Strata Title, or Strata Plan Search can be described as a thorough investigation of the records including minutes of meetings and the financial records of a particular Strata Scheme. It is also known as an Owners Corporation Records Inspection or Section 108 search. This new article explains in detail what a Strata Search is…
The City Of Sydney is organising a number of free workshops covering various strata topics, such as Pets in strata buildings, the Executive Committee, the Sinking Funds and the importance of Meeting Minutes. Each workshop runs from 6pm to 8pm and is limited to 50 people. Registration is a must, and can be done here!
Look out for the June edition of the Smart Property Investment magazine. Our very own Inger Brettle is quoted in an article titled ‘10 Tips for Strata Buying Success’ (p.32)! Here is a summary below: When considering your next investment purchase, you may want to give serious thought to buying a strata property. Compared to…
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