THE LATEST STRATA INFORMATION

AUGUST 2016 EDITION

Welcome to our August newsletter!

After a lengthy consultation period, 30 November 2016 is the day that the much-anticipated, and some would say overdue, strata reforms will come into effect.

There are more than 90 changes to the NSW Strata Management Act, some of which have been controversial. While consumers were expecting sweeping changes to strata legislation, the Strata Schemes Management Act, 2015 (NSW) has largely re-enacted existing strata laws with some new legal concepts or changes under categories.

At Premium Strata, we have been preparing for these changes to ensure our staff and you, our valued customers, are prepared before they come into effect. This month's feature article provides a brief overview of the key legislative changes.

If you have any questions, please do not hesitate to contact our team. We will be happy to assist you!
Leanne Habib, CEO
Inger Brettle, COO

What is new at Premium Strata?

7 key changes under the NSW strata reforms launching 30 November

This important article explains the seven key areas of change in NSW Strata Management Act which will come into effect 30 November 2016 and covers the internet age, transparency of those involved with the strata scheme; financial management; changes to standard by-laws; tenant representatives; building defects, and renovations.

Q&A How Do I Deal With the Noisy Tenants Above Me?

Leanne Habib, Premium Strata
Question: How do I deal with noisy tenants above me? We have had no success in dealing with the tenants and the owner has passed the problem onto his Real Estate Agent.

5 Strategies for a Happy Apartment Lifestyle

Bettina Deda,
Downsize With Style author
Small spaces require clever space management and room layouts. This blog suggests five strategies for how to create a happy apartment lifestyle.

Interim Orders for Unauthorised Works to Common Property

Bannermans Lawyers
When it comes to strata and renovation, what steps do you need to take to help the process move along smoothly? Find out what can occur if you do not follow the correct procedures.

Q&A Can Access to Visitor Parking Spaces be Restricted?

Leanne Habib, Premium Strata
Question: Can access to the visitor parking spaces be restricted from guests who come to my apartment? My Body Corporate Manager seems to think so!

Latest News

Is Airbnb Destroying Strata Living?

Sourceable
For one (anonymous) Docklands apartment owner quoted on The 7:30 Report earlier this year, having people knock on their door looking for a ‘massage’ might not have been what they expected might be their lot at the time of purchasing their apartment.

City of Sydney Strata Skills 101 – From Meeting to Minutes: Why good governance matters

August 23 @ 6:00 pm - 8:00 pm Join us to find out more about how good governance helps to create strong communities. Well run strata schemes with effective management by an executive committee create better places to live and help owners comply with important legislation.

Confusion over strata window safety

REINSW
Strata building windows can be fully opened and still comply with the legislation which says they have to be fitted with safety devices to enable them to be locked at 12.5cm by 2018.

Drones used to inspect buildings prompt peeping Tom concerns

Simon Johanson, SMH
Drones are increasingly being used by body corporates and insurance firms to inspect the outside of tall buildings, but their use has prompted peeping Tom concerns from apartment dwellers.

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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