Sydney Strata Inspection Report
In NSW, the prevalence of building defects and their complexity has skyrocketed, prompting increasing legislative attention and a spotlight on suboptimal building work. A strata inspection report covers all the aspects of running and maintaining a block of properties, and all the common areas associated with it. These include: The purpose of the strata inspection […]
Strata Hub Reporting Obligations
The NSW Strata Hub was set up in 2022, with the goal of improving engagement of residents of strata schemes in NSW, and to providing better transparency, accountability and regulation. All strata schemes in NSW need to report in Strata Hub each year within 3 months of their annual general meeting. You also need […]
Strata FAQs – In Partnership With LookUpStrata
McCormacks answers frequently asked strata questions from NSW owners and strata committee members. Question 1 – A media company has offered to install monitors in our lobbies — how can we approve this? A media company has offered to install monitors in our lobbies, to carry building notices, at no cost to the Owners Corporation, however […]
Managing A Dysfunctional Strata Committee
Is your strata committee dysfunctional? In some cases this is a highly subjective thing. However, there may be recourse should your strata committee be functioning unsatisfactorily. Firstly, let’s look at what a well-functioning strata committee looks like. How to know if you’re strata committee is working well together The role of a strata committee is […]
Strata Services & Fees Explained
NSW strata laws are designed to help strata schemes run effectively. Whether you are an owner and/or strata committee member of an apartment or unit in NSW, by understanding how strata services and fees works will help you get the most from your property investment and resolve and prevent issues that could otherwise cause disputes […]
A Guide to Changing Strata Managers
If you are considering your options and need some clarity around the process of reviewing your current strata management, we’d like to share some simple steps and advice that will make the change quite a straight forward one.
Who’s Responsible? A Guide to Common Property
In 2018, the Strata Community Association (NSW) became the peak body organisation whose aim was to have a bigger presence and say in the strata community title industry at both the state and national level. SCA NSW first launched the “Who’s Responsible Guide to Common Property” in 2010 and there have been many updates since […]
The Guide To Serving On A Strata Committee
The strata committee of every owners corporation plays an important role in the administration of their scheme. Committee members usually fulfil the duties of the committee on a voluntary basis, without expectation of fee or reward, and this requires a significant investment of their own time. As such, understanding the strict legal impositions that are […]
Postponing Your AGM? 3 Considerations To Handle New Motions
Strata committees are often faced with the challenge of whether to delay the AGM whilst awaiting various pieces of information such as quotes for major works, new bylaw drafting or other additional motions for critical matters. Difference between AGMs and General Meetings For context, it’s helpful to review how the NSW Government defines Annual General Meetings versus […]
Decoding Strata Insurance
With severe weather events in recent years with flooding and extreme storms, the insurance industry has been under severe pressure. In the range of $5.74b in claims have been made. To recoup losses from natural disasters and other claims, insurance companies have responded by raising premiums or deductibles, minimising higher-risk plans, and strictly adhering to […]