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Most Recent Northern Territory Strata Legislation Articles
NAT: Q&A Opportunity cost of delaying strata repairs - Question: How does the timing of expenditure for essential repairs impact the potential for claiming these deductions by individual owners or the overall financial health of the scheme?
NAT: 5 Costly Mistakes Owners Make When Maintaining Their Buildings - This article stresses the importance of fixing leaks comprehensively to avoid costly damage and disruptions. Mistake 1: Do Nothing Too often we see the attitude of apartment owners of “I’ve bought into an apartment block and there should be nothing to do insofar as maintenance”. Do owners of houses have the same perception? I think house owners understand they will have to undertake continual maintenance on their house to ensure it stays in good condition. So why do apartment owners, in many cases, have their head in the sand that a unit complex won’t require maintenance? In most cases, it…
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