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There is new Regulation on the Strata Law that makes it compulsory to people in the Committee and the Strata Management to disclose all the problems in their building before they buy.
I am unaware of this new regulation, which sounds very woolly, if it exists at all. What does “all the problems” even mean? There’s a hole in the roof and Mrs Underminer in number 92 is a terrible gossip?
I suspect it’s yet another example of someone getting half the story – strata owners and their agents can view all correspondence and minutes if they wish – and turning it into an urban myth in an ill-informed response to a news item.
Someone please correct me if I’m wrong and I’ve missed this earth-shattering new regulation.
