What does your strata manager do for you? What exactly does a strata manager do? In many ways, strata management is an ‘invisible’ service. If you are not a member of the committee, you likely have very little contact with your strata manager. We’ve put together this brief guide of what your […]
The More Than Strata Team are fans of pets. However the recent decision in the Court of Appeal that blanket bans on pets is invalid does not mean that our furry, feathered and scaly friends are automatically welcomed into the strata world. No doubt you have read about it or watched the news segments. Pet […]
Last month the Public Authority Committee handed to the NSW Government its report entitled Regulation of building standards, building quality and building disputes: Final report. Youc an read it by clicking here. The report was commissioned following the Opal Tower defects incident and includes by way of evidence, testimony from hearings of the Inquiry, where […]
It’s a big question. Proceeding with collection of levies during the Covid-19 recession. Should it occur? When should it happen? How does it occur? If a person has no income, no assets, is there any point? Should the Owners Corporation continue to collect interest on unpaid levies. The reality is there is no blanket answer […]
Strata managers are not financial experts. Yet right now, during a financial crisis, they are going to need to be one.
Strata management really is a job that requires a person to be a jack of all trades. In any one day a strata manager may have to; 1.Mediate between disputing neighbours. 2.Compare quotations for engagement of a consultant and make a recommendation. 3.Prepare a detailed meeting agenda. 4.Provide advice in relation to NBN connection. 5.Attend […]
Did you know that a creditor with a default judgement against an Owners Corporation can apply for a compulsory agent to be appointed? In plain English, if the strata owes money which it does not pay back, and that entity obtains a default judgement debt, it can apply to the New South Wales Civil and […]
The Owners Corporation Network (“OCN”), the leading advocacy group in the Country for strata owners, have released a policy paper calling on the Government to assist owners who cannot pay strata levies during the Covid-19 recession. You can access the paper here. OCN rightly point out in their paper that the residential strata sector is […]
The Knock-on Effects From Covid-19 Mean That Every Strata Owner Is Exposed To The Risk Of Home Loss.
While a statement like ‘you could lose your home’ may feel alarmist, the reality is many owners will be faced with this very outcome. The profoundly negative impacts of Covid-19 on the economy will continue far after restrictions cease. As income loss puts pressure on millions of Australians, you have to ask, what happens to […]
Covid-19 has changed the world and strata seems to be an area of concern skipped over by the Government. With a lack of official guidelines, strata health announcements, or even acknowledgement that ‘isolation’ in strata buildings is going to be different then a free-standing house, it’s been left to industry experts to provide guidance to […]