New strata laws and building bond regime are set to commence
The building bond scheme applies to strata developments over 3 storeys and requires the developer to provide the Office of Finance with a bond equal to 2% of the price for the building work. The bond must be provided prior to the issue of the occupation certificate for the strata scheme. The purpose of the bond is to guarantee the rectification of defective building work by the developer. Read the article……………
NSW: Smoking and strata schemes: What is the effect of the recent amendments to the Smoke-free Environment Act 2000?
In a win for mixed use strata schemes, the NSW Government’s amendments to the Smoke-free Environment Act 2000 (NSW) mean
Amendments proposed for Western Australia by Landgate’s Strata Titles Act reform project will introduce a new form of strata known
Strata managing agents provide a broad range of services to their owners corporation clients, ranging from accounting and other administration