Why we probably need a compulsory strata manager.
Hi everyone I’m new to posting but I will do my best to keep to the rules and keep it to the point. I really hope you can help. In…
Forum: Kickbacks and con jobs in conveyancing
You have to think that if some of the service providers in strata-land spent as much time and energy just doing their jobs as they do trying to diddle us…
Strata documents when purchasing Qld
Real estate agents grrr An item I am finding increasingly frustrating is when looking to purchase an investment property. Here in Brisbane real estate agents apparently are struggling to obtain…
Reply To: Would moving two-lot strata to sub-division attract stamp duty?
I believe strata law in NSW allows owners in two-lot strata schemes to insure their properties individually, provided the dwellings are not physically attached. This can be a problem when…
Reply To: Would moving two-lot strata to sub-division attract stamp duty?
This sounds like you would be terminating the strata scheme, and lodging a development application for a subdivision. It would be a good idea to talk to your council about…
Would moving two-lot strata to sub-division attract stamp duty?
We cannot source insurance for a 2 lot community title scheme (property on island off Brisbane consisting of two separate houses) – been through 3 brokers and contacted every insurer.…
Reply To: Strata Management Agency Agreement
Despite their normally cordial relationships, it seems the Owners Corporation Network (OCN), the number one advocacy for strata owners in NSW and Victoria, has issues with Strata Community Australia over…
Reply To: Sacked SM given total power over new scheme
My guess is that ‘Toxic’ has a really effective business development unit. They probably also lowball the price, planning to make their actual profit from lots of hours, insurance ‘commissions’…
EGM required to take up Premium Funding
Our building replacement insurance is due for renewal in two weeks. We don’t have enough in the admin fund to cover the cost of the premium. The shortfall is significant…
Sacked SM given total power over new scheme
COMMENT: With the announcement of the appointment of Rentals Commissioner Trina Jones, we await the anointing of the proposed new Strata Commissioner, whoever that might be. And the recipient of…
Reply To: Where is common property shown?
Assuming the Plan number starts with a SP or RP, your property is a strata plan. This means the common property is all the land on the plan excluding the…
Reply To: Leak from above
If the leak was an insurable event eg burst pipe, then a claim by the lot with the damaged floor can be made. If the damage was caused by failure…