You may have heard of the following terms mentioned in your regular strata related dealings: Strata Schemes, Strata Plan and Strata Title. You may even understand that somehow they 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. Please note: this…
More and more new housing estates are set up as community, precinct or neighbourhood associations.The large developments in Sydney’s outer suburbs spring to mind. They typically offer a mix of strata titled apartment buildings, townhouses and shopping centres with shared promenades and parklands. A great recent example is Breakfast Point in Sydney. The developers of these locations…
DID YOU KNOW THAT PAPER CERTIFICATESOF TITLE WILL BE ABOLISHED FROM11TH 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 physical certificates of title…
Question: Can an existing Special ByLaw be amended without the legal cost of being re-written by a strata lawyer? Can an existing Special ByLaw be amended without the legal cost of being re-written by a strata lawyer. This bylaw outlines permission and the terms and conditions for owners to install ducted split air conditioning systems,…
Question: What are the requirements for owning and or residing in an over 55s strata property? Does the owner or all residents need to be over 55 to live in a retirement village? Our Strata is an over 55s or invalid property. Can a purchaser be stopped from buying a lot in a retirement village…
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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.
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