A Strata Title, or Strata Plan Search can be described as a thorough investigation of the records including minutes of meetings and the financial records of a particular Strata Scheme. It is also known as an Owners Corporation Records Inspection or Section 108 search. This new article explains in detail what a Strata Search is…
You may be aware of the imminent changes to NSW Strata Legislation. As of 1 December 2014 the new strata laws will come into effect. Especially owners in buildings between 2 and 6 years old with building defect issues are recommended to speak to a strata lawyer quickly. The new laws will apply retrospectively, and will…
If you have followed our posts over the past few months, you will have noticed we have been working on a series of articles covering the ins and outs of Strata Management. Congratulations, you are slowly becoming quite the expert! Have you ever wondered what happens with a Strata Title building, or Strata Scheme once it…
Our friends at Bannermans Lawyers made this really useful infographic which explains the difference between Common Property and Lot Property. Please click the image to the right for a large version of the image. It is very helpful in understanding which damage or repairs are covered by the building insurance and for which issues you…
You may have heard of the following terms mentioned in your regular strata related dealings: Strata Schemes, Strata Plan and Strata Title. You probably understand that these are all related, but how exactly, that remains a bit of a mystery. In this article we will try and demystify this terminology for you. Continue reading here…
You may be aware that the NSW Government is proposing sweeping changes to the existing Strata Laws. The State Government has now released a so-called position-paper in which they outline their proposed changes. This law reform is aimed at protecting residents and at the same time simplify certain processes. This becomes increasingly important in NSW…
The City Futures Research Centre at the University of New South Wales invites owners and tenants of strata lots to share their attitudes and expectations on the redevelopment of strata schemes. The aim of the study is to find out what your hopes, concerns and priorities would be if the strata scheme that you live…
It is easy to get confused with all the jargon flying around! To help explain the difference between a Strata Manager, a Building Manager/Caretaker and a Property Manager we have written an article under our FAQ section. You can read the full article here. It is the first in a series we’ll be posting so…