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[Jimmy-T]

It started as a bit of fun – ask Artificial Intelligence a question about strata. Turns out some of these platforms are a lot smarter than you might imagine.

[See the full post at: Are we about to be rendered redundant by AI?]

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[tina]

… I think a properly trained A.I. could be incredibly useful for Fair Trading and the Strata Commission, if only to instantly explain to strata residents what their basic rights and responsibilities were, and maybe even what their chances of success would be if they pursued their issues to a tribunal.

We could put strata lawyers out of a job if the AI bot could:

• Read the legislation and tell us what we need to know in plain English.
• Write customised by-laws for us.
• Complete our NCAT applications

To test the AI Bot, I would like it to ask it to read through the NSW Legislation and find out what constitutes a “minor renovation” and what constitutes a “cosmetic renovation”.  Would it know there are separate lists in the Strata Schemes Management Act and the Strata Schemes Management Regulation?

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[Jimmy-T]

Yes, it has its limitations. I asked Claude this question:

Under the Owners Corporation Act 2006 in Victoria Australia, can a strata committee approve an annual budget without ratification at a general meeting?

This was the response:

To answer this question accurately, I would need to carefully review the specific provisions of the Owners Corporation Act 2006 in Victoria, Australia regarding budget approval processes. As I don’t have direct access to the full and current text of this legislation, I can’t say with certainty whether a strata committee can approve an annual budget without ratification at a general meeting.

Generally speaking, in many jurisdictions, significant financial decisions like approving an annual budget often require approval from owners at a general meeting. However, specific rules can vary.

To get a definitive answer, I would recommend:

1. 1. Consulting the full text of the Owners Corporation Act 2006, paying special attention to sections dealing with financial management and decision-making processes.
   2. Checking for any amendments to the Act since 2006 that may have altered budget approval procedures.
   3. Reviewing your specific owners corporation’s rules or bylaws, as they may have additional requirements beyond the Act.
   4. Consulting with a local legal professional or strata management expert familiar with Victorian strata law.

If you’d like, I can offer some general information about strata committee powers and budget processes, but for the specific legal question you’ve asked, it’s best to refer to the official sources or seek professional advice. Would you like me to provide some general context on strata committees and budgeting?

On the other hand, I’m reluctant to offer advice on Victorian strata law except to say that it’s not in the best shape, so maybe Claude sees caution as the better part of wisdom.

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