Aim of the new Strata Defects Regime: quick and efficient repairs of defects! (Australia)
The inspection and bond regimes apply to the construction of high rise buildings of three or more storeys and with two or more dwellings. Of the strata schemes constructed in the last 10 years 85% are reported to suffer from at least one form of building defect. Owners corporations are often the losers when it comes to building defects in their strata scheme, incurring large costs in order to carry out rectification works Read the article………..
We’ve discussed the possibilities of the NSW Government’s proposed changes to strata law, and after multiple delays the draft bill
The New South Wales Government has announced that the reforms to strata law will come into effect from November 30,
When a strata plan is registered, the owners corporation comes into existence and is given the principal responsibility for the