News

How Become A Licensed Strata Manager?

We have written a new article explaining how you become and remain a Licensed Strata Manager, and why it is important to use the services of a fully qualified professional. We also cover how you can check whether your Strata Managing Agent is licensed by the Department of Fair Trading (NSW) and a member of…

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8 Things to Consider Before You Renovate Your Unit

When you are considering renovating your strata unit, apartment, townhouse or villa there are a number of important aspects to consider before you start any work: 1. Check applicable by-laws and seek prior approval by the Owners Corporation. 2. Check with your local council to see if your proposed works require a development application to be…

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Special Levies, who pays? Buyer or seller?

In a previous article, we explained what Special Levies are and how they are calculated. Please hit this link if you would like to refresh your memory. But who is responsible to pay the Special Levies when purchasing an apartment? Is it the Vendor or the Purchaser? This article, explains the ins & outs. Even Though it…

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Update on new NSW Home Building Amendment Act

The NSW Department of Fair Trading announced that the NSW Home Building Amendment Act and Regulations will commence in two stages. Most changes commence on 15 January 2015. Further amendments concerning contract requirements will commence on 1 March 2015. For details on which changes are implemented, and when these will be implemented, please hit this link from the DFT.