Annual Fire Safety

Annual Fire Safety

Annual fire safety inspections are a crucial component of fire safety in strata buildings. The purpose of these inspections is to identify potential fire hazards and ensure that fire safety systems, such as fire alarms and sprinkler systems, are functioning properly. These inspections typically include a visual inspection of the building’s fire safety systems and…

Latent Defects Insurance

Latent Defects Insurance

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…

Contractor Management

Contractor Management

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 most of the on-going preventative maintenance required within a residential building. Also, if buildings are still…