Reply To: Splitting cost of bathroom reno due to waterproofing failure
Is this a hypothetical, or are you asking because you are in this situation? In the situation you describe, I’d say it’s an OC responsibility, but I’d be making an…
Reply To: Unauthorised AC unit Installation
Just to be clear on the legalities of this. Per s111 of the SSMA (below), as soon as work affects common property, unless there is a pre-existing by-law that covers…
Reply To: Should we buy in a block that’s in debt?
70 units in a block. 1/70 = 1.4% Your 10/1000 entitlement is less than 1/70th. That means some units have more than 1/70th entitlement. Possibly because they are bigger. The…
Reply To: Should SM declare who they get commissions from?
Hello dianed STRATA INSURANCE I suggest bookmarking the “Strata Schemes Management Act 2015” for future reference. This is the law governing what goes on with strata properties, owners, strata managers,…
Reply To: Strata records held hostage by strata manager
It is almost as if the strata manager knows the value of this information. Withholding it from the strata committee gives them power. Are they at least providing you with…
Should SM declare who they get commissions from?
Our AGM minutes say that our building is insured but don’t say which insurance company we’re with. Is that an obligation? The strata manager has disclosed that they have earned…
Another raft of strata law changes on the way
Just when you thought it was safe to get to grips with NSW strata laws, another raft of changes has been announced by the State government.
News: Vic bid to curb auction underquoting
Real Estate agents are finding ways round the laws on under-quoting, but Victoria has a cunning plan to curb the property auction cheats.
Reply To: Deceased majority owner & upcoming AGM
Thank you, both. I must have had it in my head that we didn’t have much option to delay the AGM that much but it is very early in the…
Reply To: Deceased majority owner & upcoming AGM
The Estate is the owner of the three units, although perhaps that has to be confirmed via probate. Why don’t you delay the AGM until after probate? A call to…
Reply To: Strata wars – the PICA empire strikes back
There’s nothing wrong with a strata manager being paid for the time involved in arranging insurance. But that’s not what commission is for. It’s one of several ways some strata…
New crackdown on holiday home tax cheats
New tax rules target holiday let owners who block out peak periods for family and friends - and they could lose their negative gearing.