1. Noisy Neighbours The commonest complaint reported to our Strata Managers is in relation to noise. Noise such as loud music, loud parties, stomping on floorboards, noisy appliances/tools cause the most issues. Communal living in strata requires consideration of your neighbours. For this reason, by-laws usually regulate excessive noise and there are “nuisance” provisions in…
BUILDING REFORM GATHERS MOMENTUM-NEW INSURANCE FOR DEFECTS Building industry reform is now gathering momentum with the introduction of a new insurance product called Latent Defects insurance (LDI). Previously there was no insurance for structural defects with home buyers in the apartment sector. This insurance is not retrospective and applies to only new projects where the…
The strata industry relies heavily on contractors to help maintain the overall appearance of buildings, along with routine service and maintenance of mechanical assets and common areas. Fire compliance, lift servicing, HVAC and plumbing generally make up most of the on-going preventative maintenance required within a residential building. Also, if buildings are still within the…
Strata Insurance Update Dear Members, As we navigate through a hard insurance market there has been an update to Strata Insurance cover. The update includes what factors have impacted pricing and also how the strata market can be more accessible. There are changes to the following – Premium Strata will always bring you the most up-to-date…
THE NEW STRATA HUB IS COMING SOON Strata Hub is nearly ready to go live! As you will have read from our previous newsletters, the NSW Government has introduced a new portal, Strata Hub, to enable ease of access to key information relating to strata schemes. There has been a delayed start date due to…
CHANGES TO THE KEEPINGOF PETS WITHIN YOUR LOT Hi Members, Our pets are our family! Having survived 2 years of Covid-19 and lockdowns our pets have been by our side through it all. They have kept us company working from home, been a constant for the kids through homeschooling and kept us active on local walks. When…
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Premium Strata is Sydney’s only Diamond-Class strata management agency. Located in Mascot, but servicing the entire Sydney Metropolitan area, our unique service features provide a comprehensive solution to the needs of both strata and community living.
