Reply To: SM wants to claim against strata insurance for lot property repair
Can I please get further clarification about having a special resolution to say “no” for this to be rejected? Does it mean that we can have a special resolution to…
Inquiry into kickbacks and commissions
NSW Fair Trading has asked the Productivity and Equality Commissioner to launch an inquiry into insurance commissions and other strata kickbacks.
Inquiry into kickbacks and commissions
NSW Fair Trading has asked the Productivity and Equality Commissioner to launch an inquiry into insurance commissions and other strata kickbacks. [See the full post at: Inquiry into kickbacks and…
Reply To: SM wants to claim against strata insurance for lot property repair
As it is a special resolution, you only need 25 per cent of the owners voting at the general meeting to say “no” for this to be rejected. And what…
Reply To: Insurance limited to 6 months due to defects needing repairs
StuMcL wrote: We engaged Strata Advise as our broker and they did a great job Hmmm. Maybe we should ask them if they want to sponsor us.
Reply To: Insurance limited to 6 months due to defects needing repairs
I think changing your insurance broker would be step one in this shemozzle. The potential conflict of interest is glaring. SCI is pausing their sponsorship of Flat Chat but I…
Forum: Tiles, tenants and a little sound advice
Forum: When a Flatchatter's upstairs neighbour tiled their floor and then let the flat to noisy renters, the strata manager said there was nothing they could do.
Reply To: What is reasonable insurance cost?
Now that the act has changed, the strata manager cannot get a commission if the owners get their own insurance. Our strata manager used to collect a commission . But…
Reply To: What is reasonable insurance cost?
Our building has 6 apartments and we’re paying about $12K insurance. Our broker asked about 10 companies to quote and all but 2 declined. We made a claim 2 years…
Reply To: What is reasonable insurance cost?
Now that the act has changed, the strata manager cannot get a commission if the owners get their own insurance. Our strata manager used to collect a commission . But…
Reply To: What is reasonable insurance cost?
Were you “allowed” to go to a broker and there was no penalty re still having to pay the commission? kaindub wrote: For one of my buildings we found the…
Podcast: How low-cost housing fix was lost
Podcast: The state and federal governments had an opportunity to convert an old building into affordable homes but they were just too slow for this low-cost housing fix.