THE LATEST STRATA INFORMATION

MAY 2016 EDITION

Hello again!

Thank you for your positive feedback on our first newsletter! We are pleased it was so well received.

We continue to be busy with preparing for the legislative changes which are expected to be implemented later this year. We aim to be ready for all new requirements well before they become law, and as a result we are currently reviewing all our processes and procedures. In addition, our staff will undergo rigorous training with legal experts to ensure they are across the changes and provide you with the level of service you have come to expect from Premium Strata.

Once the legislation takes effect we will reach out to you to confirm how this will impact your strata plan. In the meantime, please do not hesitate to contact us in case you have any questions.

Please feel free to continue sending us your feedback and questions via email.

We would like to thank you for your continued support!

Leanne Habib, CEO
Inger Brettle, COO

What is new at Premium Strata?

Strata Title or Body Corporate Management. What’s it all about?

In last month's article, we explained what Strata Title is: it is an ownership structure established for apartment buildings. Once a Strata Plan is registered with the government, the Owners Corporation comes into being. But what is required to effectively and efficiently manage a building? Continue reading to learn more!

So What's This About Tenants at Strata Meetings?

David Bannerman, Bannerman Lawyers
There have been a lot of media reports about what is happening with strata tenant's rights at strata meetings due to the new reforms. Well, here are the facts.

Strata Insurance Made Simple

Whitbread Insurance Brokers
Strata Insurance is an essential insurance cover required if you own a unit in a Strata property. But what does it cover you for, and what other insurance policies do you need in place to protect your assets?

Reforms of Strata Laws - Comment on proposed strata regulation by 27 May 2016

Fair Trading has now released the draft Strata Schemes Management Regulation 2016 and LPI has released the draft Strata Schemes Development Regulation 2016. Please comment on any improvements needed to help the Regulations operate effectively.

Q&A Bylaws -
Terms and Conditions Upon Which a Dog May Be Kept

Leanne Habib, Premium Strata

Question: We live in an old small strata scheme. Can we arrange a by-law to be prepared granting permission for a dog, but with certain limitations should a nuisance arise?

Latest News

Do Community Garden Green Roofs Work?

Shelley Meagher, Sourceable

In the last 12 months, almost every time I have given a talk about green roofs in Australia, whether to the general public, property developers, facility managers, architects or local government teams, at least one person has asked, “do community garden green roofs work?”

Hot air and cold facts as Sydney chills out with Airbnb

Jimmy Thomson, Domain

A legal decision on the status of Airbnb rentals in Melbourne recently sent a chill through permanent residents of apartment blocks in Sydney who are frustrated by their homes being turned into hotels.

Get in touch

Office: Suite 404, Level 4, 64-76 Kippax Street, Surry Hills 2010
Email: info@premiumstrata.com.au
Phone: 02 9281 6440 Fax: 02 9211 5642

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Disclaimer: The content of this newsletter is intended as a guide only and cannot be relied upon for legal advice. Readers should make and rely on their own enquires regarding all aspects of all material. Premium Strata disclaims any liability for negligence or otherwise in anyway connected with this newsletter.

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