Topic: Compensation for loss of use during remediation to common property

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20/04/2013 at 9:23 pm #8797 Reply | Quote
KERA
Flatchatter
In a NSW strata title situation, is there compensation available to individual unit owners who are unable to live in their units while common property within their unit is remediated?
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22/04/2013 at 10:56 am #18306 Reply
Whale
Flatchatter
If the repairs to Common Property arose from an “insured event” thats resulted in the Owners Corporation (O/C) making a claim against it’s Building Insurance, then most Policies include a provision for paying affected Owners’ costs of temporary accommodation.

Otherwise, it’s really at the discretion of your O/C, recognising of course that the O/C’s money is actually that of all Owners.

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Reply To: Compensation for loss of use during remediation to common property

PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.