NSW: Q&A Can I Put a Sign Up On My Apartment?

  Question: Can I have a political sign displayed on my apartment? I own the apartment. Does this rule also apply for ‘For Sale’ signs on apartments? Answer: Some buildings have specific signage by-laws prohibiting any signage whatsoever, with an approval process even in case of real estate ‘For Sale’ signage. Yes, buildings can restrict…

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Attention Developers: Why you need a strata managing agent!

  Strata Managers are trained professionals with the thorough knowledge and expertise required to ensure proper and timely compliance with a litany of legal, notice, meeting, accounting, capital works fund and administration fund monetary requirements relevant to your strata development. One-stop-shop With licenced strata manager, all matters relating to the scheme can be directed to…

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NSW: Q&A The Procedure for Appointing a New Strata Manager

  Question: We are lot owners in a small 8 lot commercial strata building. What is the procedure for appointing a new strata manager? What happens if this procedure is not followed? Answer: It is critical that the termination of the current manager be effected strictly in accordance with the strata management agency agreement which…

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Ask Premium Strata – Bathroom Renovation

Bathroom Renovation Question: One of the lot owners in our strata complex requires a major bathroom renovation and is expecting the owners to pay for it – is this correct? Answer: It depends on why the owner requires a major bathroom renovation. Presumably, it is because there is some defect in the common property slab…

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NSW: Q&A Damage caused by tree roots from a neighbour

  Question: One of our lot owners has experienced damage caused by tree roots from a neighbour. Who is responsible for the cost of the remedial works to the adjoining property, the strata neighbour or the strata body? Answer: What is within the lot owner’s boundary is the responsibility of that individual owner. However, it…

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Ask Premium Strata – Unit Entitlements

Unit Entitlements Q: I would like to clarify the following: 1. Does owning a garage attached to a unit entitle the unit holder to have 2 votes? I thought that garage was a utility lot designed primarily for storage of goods or cars. As a result of this I am constantly outvoted on issues as…

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Employee of Premium Building Management wins award!

On 23 October 2017, John Gabor won the Rotary Club of Parramatta City Pride of Workmanship Award 2017. John works as a building manager for our sister company Premium Building Management. Since 1976 Pride of Workmanship Awards have recognised enthusiasm and commitment to high quality work in the local community. John was nominated by an owner in Rise Apartments…

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True or False? New Strata Law Question #4

As we count down to the 30th of November, we wanted to test your knowledge of the new strata legislation through a number of quiz questions. Over the coming 2 weeks we will publish 5 questions and answers. Why not have a go? Today our fourth question: True or False? Current contracts with strata managers…

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10 Signs your unit was a good investment

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,…

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