THE LATEST STRATA INFORMATION

FEBRUARY 2017 EDITION

Hello, and welcome to our first newsletter of the new year!

We hope that you have had an enjoyable break. We certainly feel refreshed after a very busy period with the introduction of the legislative changes late last year.

We were honored and excited to have been interviewed by the Australian Business Executive. The article titled "Premium Strata: Diamond Guarantee" was published in the Q1 2017 edition of their magazine.

We discussed the history of Premium Strata, the points of difference Premium Strata is offering our customers, the recently introduced legislative changes in NSW, and the challenges the strata management industry is faced with today. For the full article, please refer to this month's headline article.

Till next month!

Leanne Habib, CEO
Inger Brettle, COO

What is new at Premium Strata?

Premium Strata: Diamond Guarantee - Interview with Australian Business Executive

"Sydney-based company Premium Strata is proud to offer premium strata management services, tailored to individual needs and scheme requirements, as well as providing building management services through its sister company Premium Building Management. The company’s co-directors, Leanne Habib (CEO) and Inger Brettle (COO), spoke to The Australian Business Executive recently about the rise of Premium Strata and the challenges facing the industry today.."

Q&A Does the Owners Corporation Have a Duty to Define Common Property?

Leanne Habib, Premium Strata
Question: Does the Owners Corporation have a duty to define common property? Should it not have been put on the title or be marked as a walkway?

Q&A Capital Works Fund - What Do We Need To Do Now?

Leanne Habib, Premium Strata
Question: How do I get the executive to acknowledge obligations under the new legislation - have a 10 year plan, have it professionally costed, take steps to raise the required funds and commence overdue works?

Q&A How Do I Use Proxy Voting Forms?

Leanne Habib, Premium Strata
Question: What information is included on Proxy Voting Forms? Does the form indicate how I wish to vote for each agenda item or certain issues?

Q&A Procedure for filling a strata executive committee vacancy

Leanne Habib, Premium Strata
Question: What is the procedure for filling a strata executive committee vacancy? Does the EC have the power to fill a vacancy on the committee?

Latest News

Consolidation of ByLaws – do this sooner rather than later

Allison Benson, Kerin Benson Lawyers
All schemes in existence before 30 November 2016 must review the by-laws for their schemes before 30 November 2017. Strata schemes need to do this sooner rather than later.

Testing for loose-fill asbestos

NSW Fair Trading
Strata schemes that pre-registered for loose-fill asbestos testing must email their special resolution by 31 March, 2017.

Q&A Can a Strata Lawyer Represent the OC During Strata Mediation?

Leanne Habib, Premium Strata
Question: During strata mediation, should the Owners Corporation's solicitor be allowed to represent the OC against an individual lot owner?

Q&A Confirmation of the Previous Minutes from the AGM

Leanne Habib, Premium Strata
Question: I was always of the opinion that discussion and confirmation of the previous minutes was just a procedural thing and did not require a motion to be put.

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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