Roles and Responsibilities of the Owners Corporation in Victoria
There are currently over 85,000 active Owners Corporations in Victoria, covering more than 772,000 individual lots. Navigating community living in Victoria involves understanding the roles and responsibilities of an Owners Corporation. An Owners Corporation plays a crucial role, as outlined by legislation, with the Committee acting as the driving force, making decisions that benefit all […]
5 Ways to Maximise Space in Strata Living – VIC
Living in an Owners Corporation property in Melbourne, Victoria offers the perfect blend of urban living, cultural experiences, and lively surroundings. However, many Melbourne residents may find it challenging to make the most of their limited living space. It is essential to optimise space in your strata property for comfort and functionality. This article will […]
Owners Corporations’ Responsibility to Maintain Common Property Security – VIC
With crime rates on the rise in many parts of Australia, it’s essential to prioritise security both at home and in the community. The surge in crime can be unsettling for many, prompting us to think about what we can do to prevent these rates from increasing. In this article, we will explore the Owners […]
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
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
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: VIC
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 […]
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 […]
Guide to being a new Committee Member – VIC
If you’ve recently become a Committee member in your strata scheme, congratulations! Your role is important in ensuring the smooth running of your community, and as a new Committee member, there are a few things you should keep in mind to make sure you’re effective in your position. We understand that being a new Committee […]
Ultimate Guide to Strata Rules- VIC
If you are a resident or owner of a strata property in Victoria, it is important to understand the strata rules that govern your building. First, let’s take a closer look at what rules are! Strata rules are established by the Owners Corporation of a strata scheme to manage and regulate the conduct and behavior […]