Question: If our scheme sells to one buyer, do the lot owners or the purchaser get to keep the amount in the sinking fund account?
Welcome to LookUpStrata – Independent Australian Strata Title Information
You may have some questions about strata:
What is Strata Title?
What is Strata Management?
What are Strata fees?
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The site has been developed for strata and supporting industry professionals, strata owners and strata occupiers. Together we form a community of people who are passionate about strata title.
Latest Posts from our Blog
Question: Is lack of privacy in apartments a breach of our strata by-laws? We have people on our patio and walking past out windows on their way to the beach 24/7.
QCAT upholds the Body Corporate’s right to give effect to a resolution to terminate a long term grounds maintenance contract (‘GMC’) with its caretaker.
Recommendations by a NSW Legislative Assembly Committee Inquiry into short-term letting would have serious ramifications for apartment owners who faced having their apartment buildings turned into “quasi hotels”.
Question: Our Owners Corporation will not release a building defects report detailing defects to our terrace. Floor tiles are drummy and water damage is now occurring.
A lot owner refused to pay their portion of a special levy. They did not believe that there would be any benefit to their lot and they believed that the upgrade work was unnecessary.
Strata reforms are proposing a new termination process to end a strata scheme. It will involve terminating by majority vote, but the proposed steps include much more than just a vote.