Committee won’t pay more than is covered by insurance for damages
I am looking for advice on the body corporate paying for the damages ($7500) that resulted from water ingress in February 2020. I am in Brisbane and understand this is…
Insurance for a Queensland villa
We own a villa north of Brisbane which we rent out and which has a common wall with another villa. There are only two villas in the Strata. Before our…
Can we take strata manager’s insurance commission?
Our Strata Manager receives commissions from insurance companies, trainers etc and declares these at our AGM. My question is can we ask for these commissions to be paid to our…
Strata Manager refusing insurance claim for damaged goods
I want to ask if as has been claimed by a Strata manager that it is “illegal” for a Strata committee to approve payment to a owner who has had…
Insurance loans for cash-strapped strata schemes
With strata insurance being one of the few mandatory expenses in apartment blocks – even essential maintenance can be delayed and deferred – it looms as a serious concern for…
Who decides on choice of insurance?
I just received the agenda for the Strata Committee Meeting to be held in March. The AGM is on Feb 17 so new committee members will be elected. At the…
Insurance and tax checks squeeze Airbnb hosts
A combination of tax crackdowns and insurance obligations is making the prospect of letting homes on holiday letting websites like Airbnb a much less attractive option, according to a story…
Insurance and tax checks squeeze Airbnb hosts
A combination of tax crackdowns and insurance obligations is making the prospect of letting homes on holiday letting websites like Airbnb a much less attractive option, according to a story…
Building Insurance stymied by failure to sign "never-sued" document
We have a committee [member?] who refuses to sign a declaration that none of the Strata Committee have been sued personally regarding being an office bearer now or in the…
Insurance Premium payment if no AGM held & other consequences
Our OC is in NSW. Our OC’s financial year has always started on 1 January and ended on 31 December. Quarterly levies are due on 1 Jan, 1 April, 1…
Doing Without an Insurance Broker
I am the treasurer of a heritage listed set of 8 unit town houses in Melbourne. The most significant expenses is a $15,500 premium for strata insurance. Part of this…
Insurance claim and unapproved works
Can a strata insurance claim by the OC get rejected if an owner previously completed major renovation works without OC approval nor a special by-law?