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Do developers have to submit a common property specification [in a new building], is this available to owners?
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What’s a common property specification?
Common property is anything that is not lot owner property. That seems a trite statement, but on strata plans it’s easiest to determine lot owner property. Anything else is common property.If it’s a new building I would get the building manager or other person to take an inventory of things like lifts, gym equipment, furniture, carpets, as a record of what existed at inception. Pictures are a perfect record.
The developer is not obliged to do anything like this, nor are they obliged to provide what was in the glossy brochures that they used to sell you the building. You’ll find in the fine print that the brochures do not form part of the contract.
Rereading JTs other post I want to ad,
The DA only specifies the minimum requirements to meet all building codes. It’s not likely a builder or developer will do any more for run of the mill buildings
The process of buying off the plan , which is what I assume you did, is pretty imperfect . You commit to something 5hat does not exist, The only thing you are committing to is the lot you are interested in.
It’s not until the first agm does the legal entity of the Owners corporation exist, Bythen the building is complete, an occupancy certificate has been issued and you’ve settled. Even if you don’t like any aspect of the building up to the first Agm, you are committed to buy.
A few years ago I was looking to buy an industrial unit. After reading the contract I decided not to buy off the plan, because whilst the developer was reputable, I was not satisfied that certain aspects of the build would be delivered,.
As it was I found a lot in z different location from the same developer that was just completed. I was able to have a good look at the finished product and make an informed buying decision.
Rereading JTs other post I want to ad,
What other post? It would help a lot if you could reply to the post to which you are responding.
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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