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NSW Strata Land Reforms

NSW Strata Land Reforms

The New South Wales Government has made changes to Strata laws. This is effective from December 11, 2023, aiming to create fairness and transparency. These reforms stem from the Strata Legislation Amendment Bill 2023. Which is in response to public consultations and recommendations from the 2021 Statutory Review of the Strata Schemes Development Act 2015 […]

Navigating the Rules and Regulations of Airbnb in Strata – VIC 

Navigating the Rules and Regulations of Airbnb in Strata - VIC 

Airbnb has changed the travel and accommodation industry, allowing hosts to share their homes with guests from around the world. However, when it comes to Airbnb hosting within an Owners Corporation, there are specific rules and regulations property owners must be aware of. In this article, we will be navigating the rules and regulations of […]

Festive Strata Living: The Ultimate Guide to Hosting in Strata – VIC

The Ultimate Guide to Hosting in Strata - VIC

Living in a Melbourne Owners Corporation can offer a unique and vibrant community experience, especially during the festive season. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it’s essential to be considerate of your neighbours and follow Owners Corporations rules. To ensure harmony and […]

4 Tips to Prepare Your Strata Building for El Niño – VIC

4 Tips to Prepare Your Strata Building for El Niño – VIC

El Niño is a prolonged weather event that brings drier and hotter conditions. The Bureau of Meteorology declared that an El Niño event is underway for Australia. Consequently, heightening risks of high temperatures and increasing the likelihood of natural fires throughout Australia. In the wake of this declaration, it is important to be prepared for […]

4 Tips to Prepare Your Strata Building for El Niño – NSW

4 Tips to Prepare Your Strata Building for El Niño – NSW

El Niño is a prolonged weather event that brings drier and hotter conditions. The Bureau of Meteorology declared that an El Niño event is underway for Australia . Consequently, heightening risks of high temperatures and increasing the likelihood of natural fires throughout Australia.  In the wake of this declaration, it is important to be prepared […]

Who Pays for Repairs and Maintenance of Owners Corporation Property: VIC

Who pays for repairs and maintenance of Owners Corporation property

Farewell to confusion—presenting your quick reference guide. Outlining who pays for repairs and maintenance of Owners Corporation property. Detailing the people accountable for covering repair and maintenance expenses within an Owners Corporation.  When it comes to communal living, the Owners Corporation shoulders the responsibility for maintaining Common Property. While the individual Lot Owner usually takes […]

Who Pays for Repairs and Maintenance of Owners Corporation Property: NSW 

Who Pays for Repairs and Maintenance of Owners Corporation Property: NSW

Farewell to confusion—presenting your quick reference guide. The following determines who pays for repairs and maintenance of Owners Corporation property. Outlining the people accountable for covering repair and maintenance expenses within an Owners Corporation property.  When it comes to communal living, the Owners Corporation often shoulders the responsibility for maintaining common property. While the individual […]

Essential Guide to Strata Finance – NSW

Essential Guide to Strata Finance - NSW

Firstly, it is important to know what strata loans are:  What are Strata Loans?  In certain situations, an Owners Corporation may encounter unexpected expenses for emergency repairs or major remedial works.  Ideally, there should be sufficient funds in the Sinking Fund. Also known as a Capital Expenditure or Maintenance Fund, to cover such costs.   However, […]