S118 Notification

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  • 14/11/2012 at 4:40 pm #8552 Reply | Quote
    Whale
    Flatchatter

      An Owner in my Plan recently passed, and so far as I’m aware one of his children who is the executor of the estate is now the Owner.

      I’ve recently contacted the family’s Solicitor to request a S118 Notification so that I can properly update the Strata Roll in advance of the issue date for the next Levy Contributions Invoice, and additionally because the Unit’s now for sale and sooner or later a purchaser’s representative will request a S109 Certificate that I’d like to be able to issue in a form that’s fully up-to-date (i.e. showing the correct Owner).

      I today received by e-mail an unsigned S118 Notification from the Solicitor showing that the new Owner’s interest arose consequent to their role as executor.

      I’ve e-mailed back to advise that the Notification should be signed, and that as the new Owner’s interest arose other than by a transfer of ownership or by the discharge of a mortgage, the Notification should be supported by a Statutory Declaration to verify the manner by which the new Owner’s interest arose [S118 (3)].

      Am I correct or just being my anal self?

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    Reply To: Reply #17166 in S118 Notification
    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.

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