STRATA INSIGHTS In the September edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies and industry updates. OCN STRATA MATTERS CONFERENCE Premium Strata is working with Australian Apartment Advocacy (AAA) to ensure that lot owners are supported in the event that a builder faces…
STRATA INSIGHTS In the August edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. NCAT Case – Disputes Between Owners A recent NCAT case delves into the outcomes of legal proceeding that did not amount to contempt of court…
STRATA INSIGHTS In the July edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. NCAT Enforces By-Laws In a strata scheme in Wollstonecraft, the owners corporation established a by-law granting a lot owner the privilege to construct a pergola…
STRATA INSIGHTS In the June edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. Owners Corp Wins Combustible Cladding Case There has been a ground-breaking combustible cladding case in the NSW Court of Appeal in favour of the…
Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS In the May edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing recent case studies, industry updates and top tips. What does the 2-year limitation period to bring action against an Owners Corporation mean? There is a two-year limitation…
Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS In the April edition of our newsletter, we bring you the latest information on the strata sector in Australia, showcasing the rising trends, industry updates and top tips. Rise in Strata Levies as Cost of Living Soars More and more people are struggling to pay their levy…
Merry Christmas; Premium Strata December Newsletter MARCH STRATA INSIGHTS 2023 Welcome to the March edition of our newsletter, where we bring you the latest information on the strata market in Australia. This month we delve into the growing trends, changing demographics and anticipated developments in the industry. 1. Overview There has been continuous growth on…
Merry Christmas; Premium Strata December Newsletter STRATA INSIGHTS 2023 Now that the year is coming to end, it’s time to reflect on how Covid, working from home, building defects, inflation, rising interest rates and heavy rain impacted us all in strata and other communities. Now that Covid is largely behind us, we can look forward…
Premium Strata November Newsletter packed with great articles for people living in Strata 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…
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…
New Look Monthly Premium Strata Newsletter, information on contractors, dogs in apartments and the NRL finals CONTRACTOR MANAGEMENT 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…
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 – Cladding Defects Catastrophic Events Continuing Growth of Strata Developments…
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…
CHANGES TO THE KEEPING OF 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…
Premium Strata – Winners of the Strata Community Management Business – Medium Award We are proud to announce that Premium Strata was awarded the Strata Community Association Management Business – Medium award at the Strata Community CHU Awards of Excellence. These awards recognise businesses and individuals who make a significant contribution to the strata industry and community….
PAPER CERTIFICATES OF TITLE HAVE BEEN ABOLISHED Dear Members, Just a reminder that their have been changes to the land titles system in NSW which include: The cessation of all Certificates of Title (for both lot and common property) 100% eConveyancing via the mandate of 100% of Real Property Act dealings for electronic lodgement…
DID YOU KNOW THAT PAPER CERTIFICATES OF TITLE WILL BE ABOLISHED FROM 11TH OCTOBER 2021? Dear Members, The Registrar General of NSW Land Registry Services has announced another phase in the transition away from paper-based registration of land dealings and titles in New South Wales and 100% electronic conveyancing. From 11th October 2021, paper or…
LATEST STRATA DEVELOPMENTS FOR NEW SOUTH WALES Dear Members, The Strata Schemes Management Amendment (Sustainability Infrastructure) Act, 2021 No 1 (NSW) (the “Amendment Act”) has introduced important amendments to the Strata Schemes Management Act, 2015 (NSW)(the “Act”). Keeping of animals You may have seen the media coverage of the landmark NSW Court of Appeal decision…
NSW GOVERNMENT COVID-19 Update Dear Members, As NSW's Covid-19 cases have increased with the stronger Delta strain and as we enter into a long than expected lockdown, the NSW Government now requires the following to help stop the spread. RESIDENTIAL BUILDINGS TO DISPLAY NSW HEALTH POSTER A mask is now required to be worn in…