Is Airbnb Destroying Strata Living? (Australia)

In Victoria, the Supreme Court handed down a decision on July 22 declaring that neither subdivision law nor strata legislation enabled owners corporations in that state to make rules which prevent owners of individual apartments from leasing out their apartments on a short-term basis. A bylaw implemented in 2004 by the owners corporation at the Watergate apartment complex in Melbourne’s Docklands apartment precinct which attempted to ban stays of less than 30 days in duration was thus invalid, Riordan ruled.     Read the article………….


Related Articles

Underfunding Reserves: Keep Calm & Be Smart!

Society is replete with examples of intelligent people doing foolish things, especially regarding their homes and their money. Homeowners know

Does your board undertake “Due Diligence”?

Directors are often told they should “do their due diligence” before making certain decisions on behalf of their associations. How

Reserve Funding: Condo and HOA Unknowns

The benefits of a reserve study have been well documented and universally accepted. Reserve studies highlight the scope of predictable