Forum: From the really unreal world of strata
Buying into strata for the first time is a daunting prospect – and that’s even for people who have some idea what to expect. As for newcomers, including those new…
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Defects and cladding help deadlines looming
There are two very important deadlines coming up for strata schemes in NSW – both on June 30, this year and both demanding immediate attention from affected schemes. In one,…
Body corp in poo over blocked pipe claim
A recent case concerning a blocked sewage pipe that flooded an apartment has left a Queensland body corporate in the poo, exploded a myth about strata insurance and highlighted a…
How investors can save over $10k a year in tax
Anyone who has ever bought a new car will know all about depreciation. The moment the front tyres hit the bitumen outside the car showroom, the vehicle’s value drops by…
Building regs come back to bite gov in new Opal claim
The government’s new regulations on building defects may have come back to bite them on the bum, with owners of apartments in the infamous Opal Tower in Sydney suing the…
The claim game – detecting defects is just the beginning
You’ve just bought into a new apartment block and cracks have started to appear, or the roof leaks when it rains, or the fire safety measures wouldn’t stop a tea…
Ticking clocks and closing windows – time to deal with defects
Towards the end of last century, around about the time state governments started allowing apartment block developers to appoint their preferred certifiers, launching the self-certification scandal, HIH Insurance collapsed. HIH…
Podcast: Everything you never knew about strata insurance
One of the big questions around the recent Mascot Tower problems was why didn’t the building insurance kick in, rather than the state government having to bail the owners corporation…
Strata insurance just got a lot smarter
It’s a staple joke in just about every cop show – don’t shoot him … it’s too much paperwork. We hate filling in forms, don’t we? And as for the…
Who pays when upstairs kitchen floods?
Who picks up the bill when a two flats are flooded by a defective dishwasher and neither party is insured? The question was raised by Flatchatter “Powers That Be”, a…