The main reason many strata managers and lawyers were rushing to register their defect claims was that the changes in the act redefined defects hugely and retrospectively. Tha meant any defects that were deemed to be not “major” – and that’s most of them – were restricted to a two-year claims window. For many buildings, that window had already passed and they would have missed out completely had they not slipped in before the law change.
$1000 is a tiny amount compared to the hundreds of thousands of dollars worth of “minor” defects that show up in some buildings.