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Get to know the Strata committee members roles and responsibilities.

Being elected to a Strata Committee (SC) can be an actually life-changing decision so owners should ensure that they know and make sure that they become fully prepared for what’s involved. Under the NSW Strata Schemes Management Act 2015 the chairperson, secretary and treasurer have certain functions, some of which are listed below: Chairperson Presides at all meetings (takes […]

Strata management survey results

Over 1,000 owners in strata were asked if to their knowledge have any of the above defects ever been present in their strata scheme More and more city-dwellers choose to live in apartments so they can live in more accessible locations. In the order of three and a half million Australians now live in multi […]

Residential noise restrictions

What times are residential noise restrictions in place? The Protection of the Environment (Noise Control) Regulation 2008 covers neighbourhood noise laws. There are time restrictions on when noise from residential premises should not be heard inside a neighbour’s residence. An offence occurs if the noise continues after a warning has been given by a council or police […]

Selecting a Strata Manager

Each property and property owner has various needs, expectations, geographic influences and more. Finding a strata manager to suit your requirements is essential, here are some things to look for when selecting your next Strata Manager: Communication, Professionalism and People Skills Honest and transparent communication is a must. Knowing that your Strata manager is telling […]

Development Bond Information

Developers are required to lodge a 2% bond for residential and mixed-use high-rise strata buildings of 4 or more storeys. The proposed amendments to the building bond is to enhance the ability of the Department of Fair Trading to verify the building contract price (which is the basis of the bond) and to clarify the role […]

Is the Sydney housing slump now over?

The slump in the Sydney housing market has slowed in March 2018, indicating that time may be running out for house hunters and investors to capitalise on the falling property prices. “Real estate experts claim additional trends, such as record levels of migration into NSW, have increased housing demand and raised the prospect of a […]

Reminder: Child safety locks deadline

Strata owners are reminded that childproof and robust safety devices must be fitted to all common property windows above the ground floor by 13 March 2018. Windows can still be opened but only to a maximum of 12.5cm.