Forum Replies Created
-
Replies
-
Hi, Others may know more, perhaps this is one answer? In our experience, we pay household insurance privately as we’re the live-in owner of the unit. The building itself has insurance for all the other bits i.e. that are common to everyone. That’s if we’ haven’t missed something as recent strata people. I would ensure I got defined terms from any firm quoting; it’s your place. How would it be if you decided to live in, after all.
Hi there, Others may know more. But you may need to add a little context and meaning, that is, do you find yourself as an owner having to pay any excess?
If it helps, in my experience, if a claim as you say, is recognised and paid out, the excess is automatically deducted from the insurer’s payment to the insured. If I’ve got this ‘right’ wouldn’t the excess amount be absorbed within the payment by the insurer back to the OC as the insured? Is that coherent in a solution to the situation as you describe?
Best of luck!
Hi there, Seems a lot involved in this type of project, and I have a question please? On replacement of fire doors, can anyone please recommend where to source them? A friend is looking for a good firm to advise them. Much obliged any ideas, thank you.
Hi, One option is to seek mediation at Fair Trading. Understand it is free.
If those talks failed, the NCAT can be a second option as they can order something to not happen, or happen, depending on the concerns.
Good luck!
Hi, If I have missed something in the above, apologies. It’s a question on what the actual fines are attached to, departing tenants, it’s thought, who recently left behind some of their heavy bulky stuff on the common property. Any tip would be a great help please. Thank you.
Hi, Really appreciate the learning curve I am on as a fairly recent strata tragic, however, would like to add that ceiling fans, while not fully addressing the aircon v solar case, especially in savings elsewhere across a home with solar, are very effective in summer. Cost of purchase and installation compare well in terms of savings on aircon if used frequently. Good luck!
Bathrooms can be tricky because of plumbing etc. A simple by-law costs $120 latest Ilearned from Fair Trading. Perhaps you are being had otherwise. On the other hand, I learned also there are more complex model by laws available. Maybe that’s what you are being offered. I would check the facts with another party at Fair Trading and negotiate . Good luck.
18/7/18 Hi all, As a fairly recent strata owner, sometimes people’s smoke alarms seem very unreliable.
By and large, the firm that installs them and monitors them all periodically, through strata for a strata fee routinely.
It’s a nuisance, and possible cost to others, to do call outs between times, either for single battery change, or sudden activation without anyone doing anything like cooking fumes causing that.
Example, is in previous situations we’ve simply replaced a battery at own expense.
Seems from reading the above, thanks, even that simple task is a common property thing though?
Beginning to wonder if it could be the alarm hardware may be made in another country and patchy in design?
Or, heaven forbid, could the battery thing and subsequent call-outs, if they are charged out, be a convenient business arrangement?
Thanks very much if any insights.
That’s very interesting, thanks. With mention of legal fees, does that read there is some special exemption from involving all owners if it’s legal fees the spend?
I thought it was amount decided at AGM and which gives committee options to spend up to the specifically decided amount without recourse to all owners?
Or am I misunderstanding? Sounds very much like it from scotlandx comment. If so, thanks for the correction.
Worst thing is tenants are in the box seats, especially if in a majority, according to one story, and owners still the suckers, could that be the gist of it ??
Apologies digesting the above, see workers compensation is the issue. ln my experience, a licensed trades person or firm has own insurance, and a check by the OC to that effect is routine on any but the smallest jobs, would have thought. In which case, OC would be up for its own workers’ comp coverage for all tradespeople. Does that make better sense?
Hi all, I’ve never experienced this previously, and can I please know if anyone has had this experience, of a strata manager stating in an owners meeting that the building’s insurance company conducts six monthly checks on policy terms. If this isn’t a blatant tactic by both parties’ to up the premium, would like to know from other experiences? I know commission kickbacks reasonably apply in strata, however, frequent follow ups sound a bit over the odds to me. Thanks very much.
Hi there, Check this info out, however, if I have read correctly, in my experience, a building cover would include public liability insurance which applies to anyone visiting outside; presumably meaning common property also.
Inside the building it’s a different story, and individual household coverage would need to include public liability. Some do that.
I am in accord with JT’s comments. In my experience, owners must get agendas, minutes, and a full set of accounts at least once a year at AGM; also owners I understand must be consulted if a one-time cost proposal overreaches a certain amount which, in my experience, is a limit determined by all the owners in the first place. Fair Trading may also have an opinion on your options. It’s something I would chase up with them, or, irksome as it sounds, be prepared to search the files at random in own interests. Be ‘pro-active’, in other words. Good luck