Body Corporates Responsibility to Maintain Common Property Security – QLD
In 2023, Queensland crime rates alarmingly reached a 20-year peak, surpassing all previous rates since 2003. One of the most significant offences affecting these statistics is robbery, which has more than doubled since 2014. For many the increased crime rates are unsettling. This leads us to consider how we can increase security in both our […]
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
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 […]
The Ultimate Guide to Hosting in Strata – QLD
Living in a Queensland strata property can offer a unique and vibrant community experience, especially during festive seasons. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it’s important to be considerate of your neighbours. As well as follow Queensland’s strata bylaws and the directives […]
The Ultimate Guide to Hosting in Strata – NSW
Living in a Tweed Heads / Northern NSW strata property can offer a unique and vibrant community experience, especially during festive seasons. Hosting gatherings, parties, and celebrations in strata residences can be a delightful experience for both residents and guests. However, it is essential to be considerate of your neighbours and follow New South Wales’ […]
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 […]
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 – QLD
Firstly, it is important to know what strata loans are: What are Strata Loans? In certain situations, a Body Corporate may encounter unexpected costs 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, […]
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, […]
Essential Guide to Strata Finance – VIC
Firstly, it is important to know what strata loans are: What are Strata Loans? In certain situations, an Owners Corporation may encounter unexpected costs for emergency repairs or major remedial works. Ideally, there should be sufficient funds in the Maintenance Fund, to cover such costs. However, if the funds are insufficient, the Owners Corporation may […]