Re: How much work is involved in a self managed strata plan?
Dudley – YES, Our Body Corp is entirely suitable for NSW, and as I said I only wish it was available when our Plan moved to self-management. By all means…
Re: How much work is involved in a self managed strata plan?
@Whale said: With the utmost respect to my fellow posters, that’s an extremely simplistic view of what’s necessary to properly self-manage; something that I’ve been doing for our Owners Corporation…
Re: Liability for Personal Injury
Of course the Owners Corporation can be liable, it’s called occupier’s liability. Why do OC’s have public liability insurance? Being a strata scheme doesn’t exempt an Owners Corporation from that…
Liability for Personal Injury
I own a lot in a apartment Building. And the subject of Personal Injury, in common property raised my attention, after reading an article. So who is liable if an…
Re: How much work is involved in a self managed strata plan?
I agree with Whale if you want a rolls royce strata you need to do what Whale suggests but most of that is nice to do not must do. One…
Re: How much work is involved in a self managed strata plan?
With the utmost respect to my fellow posters, that’s an extremely simplistic view of what’s necessary to properly self-manage; something that I’ve been doing for our Owners Corporation since 2006.…
Re: How much work is involved in a self managed strata plan?
Hi again Dudley, Two things I forgot to comment on. You raise ‘time’ and ‘responsibility’. It will be bit more time consuming in drawing up formal document eg accounts,…
Re: How much work is involved in a self managed strata plan?
Hi Dudley, our Strata underwent the change you are considering a while ago and I will outline what we did. Firstly I agree with KiwiPaul in that insurance is the…
Re: How much work is involved in a self managed strata plan?
Basically the only critical item that you need to worry about is the strata Insurance and that it gets paid and so you would have to set up a bank…
Re: Terrace/balcony doors in the ACT.
In the ACT there are Class A and Class B units. Class A generally covers apartments which are built with multi storey construction, with lots one above the other. Here…
Re: Damaged contents due to a leak – who is responsible?
This would be tricky in any case but the fact that it’s company title complicates things even further. In company title, you may not have the same rights as in…
Damaged contents due to a leak – who is responsible?
I am renting a unit in a company title apartment building (NSW). One recent morning I woke up to discover that one window had leaked severely during a heavy rainstorm.…