Cracked walls and failing waterproof membranes are two of the common issues which owners corporations have to deal with when repair common property.
All National articles about Insurance in Strata Apartments published to our blog
The future WA strata reform requires strata companies to implement a 10 year maintenance plan. So, how does a maintenance plan benefit your insurance?
We have two suggestions regarding strata insurance valuations: 1. Obtain more frequent valuations from quantity surveyors, and 2. Find a quantity surveyor who charges less for follow-up valuations.
As a Strata Manager, it is up to you to take the lead when a crisis event occurs. From consulting with the Owners Corporation and tenants to dealing with external agencies such as the fire brigade or civil engineers, a Strata Manager must govern the response to a crisis from start to finish, ensuring all key stakeholders have been included and looked after.
Question: Now the evenings are getting cooler, we are wondering if we can set up a small fire pit on our apartment balcony. We have units and balconies both above and below us.
Question: Could you please confirm that a plumbed-in dishwasher is excluded from strata title insurance under Strata regulation in QLD?
Question: My retaining wall is collapsing and the pavers are falling in. Can I claim the repairs and rectification on my strata insurance?
Question: Is it compulsory to pay our strata manager commission as per the strata managing agency agreement or can insurance commission be excluded from the Agreement on renewal?
Question: Where do we stand for Strata Insurance for common driveway? Are we able to separately insure the common driveway, without having to take out insurance for the whole strata plan?
Question: Who is responsible for insurance to cover townhouses that are on their own title? I believe lot owners would be responsible for individual strata insurance.