Re: Uninsured and uninformed
Those last few posts are precisely why I hesitatingly made reference to the Owners Corporation’s building insurance, as that serves to confuse the matters of the O/C’s liability and that…
Re: Uninsured and uninformed
I must admit I don’t understand the reasoning behind the qualifier in the act Part 4 Insurance 81 Building In this Part, building includes: (a) owners’ improvements and owners’ fixtures…
Re: Uninsured and uninformed
I think it’s agreed that this is about liability. If the OC is liable for the damage caused (including to any lot), the OC has to pay for the repairs. …
Re: Uninsured and uninformed
I would think that if the roof leaked due to storm damage, it is an insurable event, and the structure of the building should be repaired by the OC covered…
Re: Uninsured and uninformed
Their seems to be confusion here regarding the Strata insurance because the Strata insurance covers both common property AND lot property. It covers basically the same as a Home Insurance…
Re: Uninsured and uninformed
Thanks Whale. I was asking the question generally, not specially for Victoria. It’s a important issue that seems to come up quite a lot. While there can be differences in…
Re: daily neighbour noise :(
In the suburb I live in there are a plethora of parks and other public areas where children can run, play and holler their lungs out. I believe it is…
Re: Uninsured and uninformed
Austman – I don’t know about what occurs in Victoria, but in NSW Owners Corporations (O/C) have an absolute responsibility to maintain and repair their common property and any damage…
Re: Uninsured and uninformed
Derek, Jimmy said……The easiest and cheapest way for the OC to remedy this is to get the work done – that’s what will happen in the end anyway Whilst I…
Re: Uninsured and uninformed
Jimmy I am in a similar situation although my OC has insurance. I suffered ceiling damage due to a leaking roof in my strata townhouse and the OC arranged a…
Re: Uninsured and uninformed
Your relative needs to get a grip of their Owners Corp pronto. Firstly, – and more importantly – the owners corp is breaking the law by not having insurance. Secondly, damage…
Uninsured and uninformed
Waterboy writes: Recently a relative had water damage to floor boards and had to meet the repair cost. The water damage was from the buildings water pipe in the common…