This article discusses whether a strata manager name change affects registered by-laws, and clarifies responsibility and compensation issues when business names change.
Question: If a Strata Management Company changes their name, should they also change the business name they register our by-laws under?
On review of our Schemes current By-Laws, I noticed the Strata Manager had changed their Business Name back in 2015. However, they did not change the business name they register our by-laws under.
Can you please advise if this was to be the responsibility of the Strata Manager Business to action? (At the time of business change).
And if so, can the Committee apply for a fee compensation from the Strata Manager, to now have the name changed in the By-Law?
Answer: Now that the by-law is registered, nothing turns on which legal entity or business name did so.
Now that the by-law is registered, nothing turns on which legal entity or business name did so.
It is the strata’s responsibility to change and register its business name, but that does impact on the owners corporation’s registered by-laws.
As the Owners Corporation has suffered no damage, unfortunately, there would be no compensation to be sought.
This post appears in Strata News #504.
Leanne Habib Premium Strata E: info@premiumstrata.com.au P: 02 9281 6440