Reply To: Stone Bench Damage Found at Final Inspection
I had a problem with a tenant who did considerable damage to my property. I was able to claim a large proportion of the damages from my insurance company and…
Budget missed a trick with strata (as usual)
Apartments weren’t so much an afterthought in the budget, as a hastily scribbled postscript. Sure there are additional incentives for first-time home buyers, and capital gains tax relief on granny…
Reply To: WA – Single tier schemes, insurance & the amended ST Act
I am neither a lawyer nor an insurance agent but I thing part 5 of schedule 2 applies to your situation. Section 99 seems to be for larger schemes where…
Forum: What to do with a do-nothing committee
Sometimes you have to apply the Goldilocks principle to strata committees. Like the three bears’ beds, some strata committees are too hard, some are too soft and others – maybe…
Reply To: OC won’t pay for repairs to stairs in townhouse
denise04 wrote: The Strata Insurance company has advised that the cost of the repair is under the claimable excess of $1000 how can I proceed to remedy this issue? This…
OC won’t pay for repairs to stairs in townhouse
In our townhouse complex the HWS leaked badly and is located under the stairwell of the townhouse. There was no provision from the original build of the complex to allow…
Six-way stand-off as block stuck in cladding Hell
Owners in an apartment block in the centre of Sydney are caught in a potentially fatal six-way stand-off as owners, developers, builders and the government battle over who is responsible…
Reply To: Who pays when lot owner’s pipes are responsible for downstairs damage?
Stevie wrote: Could you advise if we are liable for these repairs. An OC must repair common property. The lot owner, who “owned” the burst pipe might be liable for…
Who pays when lot owner’s pipes are responsible for downstairs damage?
My Owners Committee has an issue that we can’t seem to resolve so was looking for some advice. An owner who is also a member of the Owners Committee recently…
Reply To: Scheme says it’s not responsible for unofficial past renos
Austman wrote: … check with the OC/BC’s insurance company to see if it’s covered. And I believe that Austman has established some time ago that owners can approach the insurers…
Reply To: Scheme says it’s not responsible for unofficial past renos
Gram wrote: Would appreciate any advice as to who may be responsible Regardless of who may be responsible, compulsory strata building insurance will often cover “reasonable exploratory costs You necessarily…
Reply To: How do I stop owners corp adding to the sinking fund to every quarterly bill
Sir Humphrey wrote: I assume that Victoria, like other jurisdictions, requires an Owners Corporation (OC) to have a Sinking Fund Plan (SFP), usually for 10 years Unfortunately Sir Humphrey, that…