- This topic has 2 replies, 3 voices, and was last updated 9 years, 7 months ago by .
-
Topic
-
Only ever owned houses before so excuse my lack of knowledge.
strata report on a unit I’m considering buying. Two garages – 8 Lots. Garages owned by only 2. But budget includes expenditure such as roof maintenance, replacing doors and paint for these individual’s assets.
How can it be?
-
Replies
-
Depends on what state/territory.
It could be that the budget pays for work but the relevant unit owners reimburse and that appears on a different line of the budget.
It could be that there is a very weird thing happening.
It could be the OC maintains all the external structures. The units with garages might have more ‘entitlements’ as a consequence of having perhaps a bigger unit and a garage and so pay more in levies.
It could be that the garage is actually common property but the individual unit owners were granted a special privilege for exclusive use. With what terms and conditions?
What parking is provided for other units?
Hi,
Are the 2 garages in a separate building on the strata scheme ?
A strata scheme in new south wales is responsible for external roofs, door, locks. paint of all building structures. I have lived in stata schemes for about 20 years.
Kind Regards,
Digby