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…
Question: The holiday season is here, and many owners will be offering their apartments as airbnb term rentals. What are rules and regulations governing short term rentals in strata schemes? Please note that Owners Corporations can adopt by-laws that limit short-term rental accommodation in their strata scheme, by banning it in lots that are not the host’s principal…
Question: We have discussed putting up some foyer Christmas decorations. Some residents have voiced their concerns about strata funds paying for the cost of acquiring the seasonal decorations. Our strata has an uninteresting entry foyer that would benefit from some visual enhancement. Hanging some artwork on the blank walls would make both residents and visitors…
Question: A resident has exclusive use of the courtyard to his property. There is a large tree that is dying within the courtyard. The by-law created states that it is the owners responsibility to “maintain” the area but the tree is not noted on the strata plan or in the by-law. The owners have received…
In a previous article, we wrote about the possibility for a strata titled building to be self-managed, rather than appointing a strata managing agent. Owners Corporations are legally entitled to manage their own affairs, however usually owners either do not have the required expertise, time or are willing to take on this responsibility. In this article, we will…
I live in a very large Strata unit complex and there is an overload of dogs here – almost like a Canine Hotel – but all in all they are well mannered but there are those, that, at times bark and yap for an hour to 5 hours at a time. I find it to be very…
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