What is a Strata Inspection Report and do I need one? Buying a strata property? A strata inspection report (also known as a strata search,
Any amounts deposited into the Strata Administration Fund Bank Account must be an account in the name of the owners corporation.
Under the Act, at least two quotes are required by the Owners Corporation for amounts (on a single item) of $30,000 or more.
The Strata Schemes Management Act 2015 provides some partial exceptions for two lot strata schemes in New South Wales.
Owners corporation insurance can be a confusing beast, so it is always recommended for the OC to seek professional advice.
Large Strata Schemes Large strata schemes have more than 100 lots, not including parking and utility lots (Section 6). Some special provisions apply to large
Schoolies begins this weekend! You should have already started thinking about the impact on your property
What are body corporate assets and what are the responsibilities of the body corporate in relation to their assets?
One of the more common queries my Office receives is about access to body corporate records. It stands to reason this query would come up
It is normally the responsibility of the owners corporation to repair and maintain the hot water system. This depends on whether you have a ‘common hot water system’
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