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Not living in NSW I find the concept of SBL strange and it seems you need them for everything which is not cheap ($100 to register and up to $1000 to have then written by a lawyer).
So I’m curious about how this applies in the real world (as opposed to the theoretical discussion on here).
So Strata owners in NSW ans these 3 questions
1) How many lots in your strata
2) How old is your strata3) How many SBL are registered against your strata.
Going by what has been said on here I would expect every lot owner to have to register at least 1 SBL every year. So the SBL section of the Bylaws could be massive (into the hundreds for older building (if not thousands)).
The reason we don’t need SBL in QLD is the onus for maintenance of alterations falls on the lot owner as opposed to the Strata
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