Reply To: Strata manager insurance commission, who pays for it?
Jimmy-T wrote: tina wrote: Strata managers are no longer permitted to receive a commission from the insurance company. Really? Why then does the law say that any commissions have to…
Jimmy-T wrote: tina wrote: Strata managers are no longer permitted to receive a commission from the insurance company. Really? Why then does the law say that any commissions have to…
Would this be a concern for your strata insurance? If the place is full of waste, some of it might easily catch fire. If there was a fire, would your…
Insurance commissions are one of the biggest and most understood scams in strata. Let’s start at the beginning. If an OC goes directly to an insurer it will pay $x…
tina wrote: Strata managers are no longer permitted to receive a commission from the insurance company. Really? Why then does the law say that any commissions have to be declared?…
booloo wrote: Hi my strata manager claims they get 20% commission when sourcing out insurance. I was wondering if the insurance company pays them the commission or does that get…
For my property, the commission is paid by the insurance company to the strata manager. If there was no commission paid, then the insurance might be cheaper. For me, the…
Charging lithium-ion batteries inside apartments is rapidly becoming a burning issue for strata committees and fireys. It seems a day doesn’t go by without another eBike or electric scooter battery…
Thanks for the replies. The Common Property memorandum has a reference no. – AG520000X & I have dated it July 2020.Its in 2 parts. The first part at 2.14 j…
This is a tricky one, but my logic goes this way. The OC is required to repair and maintain common property. Termites always enter buildings through subterranean passages. The underground…
One of my neighbours is from an overseas English speaking country. She said that she had no idea about strata until after she purchased her home. Just before we became…
When I searched “home contents insurance”, the search engine had “home and contents insurance” at the top of the search result. In the second half of the search result, I…
Here’s a tricky one for all you legal eaglets, a chance to scratch your Rumpole itch. An owner successfully applies for an Apprehended Personal Violence Order against a committee member.…