From July 1, 2017, some residential Strata Insurance policies will experience significant total premium changes as a result of amendments to the Terrorism Insurance Act 2003 (Cth). The changes apply Australia wide, and relate to the introduction of a Terrorism Levy.
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Latest Posts from our Blog
Question: What are the implications of not having a licensed strata manager? Can a termination of a contract signed with a licensed agency be legal because the Strata Manager they put in place was not licensed?
Question: Laminate flooring in the apartment below has turned the unit into a giant echo chamber. What are the rules around noise transfer between apartments in Victoria?
What you absolutely cannot do is build a contingency (and call it that) into your body corporate budget. Having that as a line item is not lawful. However, there is more than one way to peel a banana.
Writing minutes is a staple diet item for Strata Managers. Whilst Strata Legislation throughout the country may provide a basic framework, it doesn’t go so far as to explain exactly what can and cannot be recorded in the minutes.
Can an owners corporation shut down the lifts in its building to refurbish them? If so, does the owners corporation have to pay compensation to owners and tenants who cannot access their apartments via the lifts during a lift refurbishment?
This article stands as a reminder of the importance of having a regular body corporate termite inspection after a recent tragedy in Far North Queensland.