› Flat Chat Strata Forum › The Professionals › Strata Roll Changes – notices of interest in a Lot › Current Page
I am sure this will get a laugh. When I contacted the NSW Dept Of Fair Trading about this matter their advice was that the wording of the Act was such that it means that it is the responsibility of the OWNER of the Lot to advise the Strata of the mortgagee’s details by completing a Section 118 Notice. As owners are not aware of all the necessary legal steps to be done during settlement of their purchase, they employ a Solicitor or Conveyancer to do those things for them. But my research with various legal bodies within those fields has failed to confirm or identify exactly whose responsibility it is – each one passes the buck saying that it is the duty of another party, not them.
When will government legislation be written so that it properly covers all matters involved and details whose responsibility things are rather than just saying what is needed? GRRRRRRR