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Thanks for the advice Stratafied. Very much appreciated.
Latest from the Insurance: “All claims submitted to us will be reviewed accordingly and in line with the policy contract in force between the insurer and the insured.” That’s as far as they will go. They won’t of course guarantee that there won’t be an issue.
Two major Strata Insurance Companies: One rescinded their offer of insurance when short-term lettings were declared. The second issued a policy but with a proviso that a letter had to be sent to all lot owners telling them they had to stop short-term letting. (This hasn’t happened.)
Tucked away in the Insurer’s Policy Disclosure Statement: One has to adhere to ‘any law’. Short-Term Letting in our Residential property is classified as ‘Illegal’.
I really don’t want to be arguing the case, when our building is insured for around $75 million (add contents on top) and other buildings are a laneway away. One can call me a worry wort…
