Readers may have seen the recent by Four Corners (ABC News) episode focused on alleged unethical business practices by some in the strata management industry. Strata Sense continues to welcome the spotlight being shone on such practices. We are here to provide a service to be proud of. We believe in transparency and ethical business […]
Further Update by Strata Sense on Unethical Industry Business Practices Read More »
It’s been a busy start to the year for strata managers, as reform after reform is introduced that concern strata living. Although inflation may have peaked, owners corporations with their annual budgeting cycles are often feeling the pinch more than anyone come AGM time. Here’s a round-up of what’s happening in the world of apartment
Changes in the World of Strata Ownership Read More »
Readers may have seen an article recently on ABC News decrying unethical business practices in a large strata management firm. Sadly, such practices are well known in the industry and are more common than most consumers would expect. Strata Sense welcomes the spotlight being shone on such practices. We are here to provide a service
Strata Sense on Unethical Industry Business Practices Read More »
Insurance premiums for your strata plan putting the pressure on? Seeing increases of 20% or more per annum? Wondering why you are only able to get one renewal quote each year? There is no doubt that the placement of insurances for strata schemes has been getting progressively more difficult over the last few years, and
What’s happening in the insurance market right now? Read More »
Tired of your strata manager not getting back to you, getting back to you with unhelpful responses, or (worst still) not even knowing who your appointed strata manager is from week to week? It might be time to review your strata management arrangements to ensure that your most important investment is being well looked after
A GUIDE TO CHANGE STRATA MANAGERS Read More »
Throughout 2022, deadlines came and deadlines went for the registration of strata scheme details with a new online portal called “Strata Hub”. Eventually, the government landed on a deadline for registration of 31 December for existing schemes, though this deadline was on the explicit basis that no fines would apply for failure to register until
On Wednesday, 11 November 2020, the NSW Government approved the extension of the COVID-19 emergency provisions passed by the NSW Parliament amending the Strata Schemes Management Act 2015 and the Community Land Management Act 1989. The Government has extended these provisions for the maximum allowable period up to Thursday, 13 May 2021. These regulations continue as currently drafted and
Extension to COVID-19 Emergency Provisions Read More »
The strata industry has received some exciting news recently that the Design & Building Practitioners Act was passed early in June providing some new protection for strata schemes across NSW. The purpose of this new legislation is to hold anyone involved in the design and construction of a building accountable for the product they help
New Duties of Care for Building Defects – Legislation Update Read More »
Strata living is undoubtedly a very different ownership experience to owning a free-standing house. Navigating strata laws along with the consultation process of co-owning can be daunting, and at times even intimidating. It makes sense that if you feel confident in your understanding of strata ownership that you will benefit more from the experience.
Owner Education Opportunities Read More »
In accordance with s139 (1) of the Strata Schemes Management Act 2015 a by-law cannot be unjust, harsh, unconscionable or oppressive. What exactly does this mean? Oxford Dictionary defines the terms as: Unjust not based on or behaving according to what is morally right and fair Harsh cruel or severe Unconscionable not right or reasonable
Unjust, harsh, unconscionable or oppressive Read More »
