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…
Question: A lot owner in our small block has consistently been in arrears with levies. Although they are on a payment plan the situation is not improving. Do we have other options to recover the overdue levies? We have one owner in our small strata block of six that has consistently been in arrears…
Premium Strata is very pleased to announce that Stella McWiggan has joined the ever growing team as a Licensed Senior Strata Manager. With Stella we gained another highly experienced strata manager. Stella brings with her over 15 years’ experience in the Real Estate and Property Industry, from Design and Facilities Management to Strata and Implementation…
Q: Another strata management considers that: “all owners have the right to make claims on the buildings insurance”! “the insurance policy covers claims on all owners fixtures and improvements”. S/M quotes Sect 161 part 3 of the Strata Schemes Managements Act 2015 – Parts of building to be covered (a) owners’ improvements and owners’ fixtures forming…
The team at Premium Strata wishes you an enjoyable festive season and a healthy and happy New Year! Our office will be closed from Tuesday 22nd December 2015 and reopen on Monday 11th January 2016. Should there be an emergency during this period please refer to the emergency trade list located on the notice board within your…
Premium Strata is proud to support Clothing Away, a not-for-profit organisation providing clothing bins for a free textile collection and recycling service to residential apartments in its efforts to help the environment and the community. By using these free and convenient on-site clothing bins within your apartment waste rooms you will have the opportunity to…
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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.
