Our 1968 block of 10 single story units have never had an asbestos report. We believe the eaves of each unit might be asbestos.
With no common area structures, is the owners corporation responsible? Can they compel unit holders to have a report and remedy any issues? If this is not investigated, does it impact our owners corporation insurance?
Does an owners corporation in NSW managed by a Strata Management Agency need Fidelity Insurance as part of their Policy? Our Strata Manager has informed us that as they are a licensed Manager, we are covered by the NSW Government. The Dept of Fair Trading says this is correct per Part 5 Insurance of the Strata Schemes Management Act 2015.
Tenants at our complex of 10 lots have an obvious couch-surfing short-stay business. An extra 2 or 3 vehicles are regularly parked at the complex or on the street verge for a few days or up to a few weeks. Many of the vehicles have interstate plates.
Our complex has a by-law prohibiting Airbnb. However, the tenants are the hosts, and the owners may not be aware of the activity. Is the strata company or the council of owners are able to change this situation?
Regarding the article on EV charging in garage GPOs on page 12 of The Queensland Strata Magazine (March 2025 edition), I'm seeking clarification on a common situation in older buildings. If an individual garage already has a body corporate supplied GPO used for general purposes, does the article suggest that a by-law could be introduced to mandate charging the owner for all power used from this existing GPO?
Our building has an unused common property garden area. There are currently no visitor bays in the complex. Without holding a general meeting or a formal special resolution vote, can our strata CoO turn this garden space into a visitor car park? They have insisted owners pay for the groundwork. Is council approval required?
We have surplus money in our capital works fund and want to invest it. Is a term deposit the best option?
If we decide on a term deposit, do we have to use the same bank that our strata manager uses, or can we choose a different bank and manage the term deposit ourselves?
In our class 2 regulated apartment block, the apartment directly above mine is carrying out extensive renovations.
As the bathroom waterproofing is a building element, is the owner required to have a regulated design done by a Design Practitioner before works start?
A lot in our body corporate raised an adjudicator dispute regarding special levies that were charged as one-time lump sum payments instead of spread payments. During the dispute, the lot was sold. To settle the sale, the owner paid the disputed levies.