Re: Paint and who pays for it
The Owners Corporation Insurance does not necessarily 'care' about the Strata Schemes Management Act and what is common property and what is not. Most Strata Insurance covers the building. The…
Renovations and Strata Approval
I recently bought a small 1 bed unit that needs renovating. I plan to put in a new kitchen and bathroom and paint, etc. I had builders go…
Premium dilemma
QUESTION: I insure my investment unit with a landlords insurance policy covering contents damage, personal liability and loss of rent. The contents have been ‘written down’ to an amount where…
Premium dilemma
QUESTION: I insure my investment unit with a landlords insurance policy covering contents damage, personal liability and loss of rent. The contents have been ‘written down’ to an amount where…
Raining stones
The roof of our large apartment complex is covered in large stones. Over several years, birds attracted to the stones have regularly dropped them over the side of the roof…
Re: New owners renege on fixing facilities
The first thing that occurs is that the new committee can't change the levy – that can only be decided at a general meeting of the owners. Your strata managers…
Re: Under-insured building
Hi If an event for which the OC is insured occurs then the insurer is required to pay out an amount in accordance with the insurance policy. The exposure of…
Re: Defects Rectifications
Hi Leonie There are broadly three avenues available to an owners corporation in relation to building defects in common property: 1. HOW insurance claim – if your building is four…
Under-insured building
Hi When I bought my apartment, I was advised by my solicitor that the apartment block that I bought into appeared to be under-insured by what she thought was a significant…
Re: Are we liable?
The personal liability of executive committee members is something that executive committees often overlook. As an executive committee member you have a common law duty of care to all entrants, invited…
Flood Tests Tenant
QUESTION: Recently the drain in our ensuite bathroom floor (not the shower) overflowed and flooded the main bedroom and all down the hallway. The carpets were ripped up and slow…
Games on the Common Property
Question for Strata Lawyers and/or Insurance broker. Strata Plan, when registered in 1998, adopted the model by-laws as prescribed in Schedule 1 of the Act. For some reason however it…