West Connex-style losses feared over new forced strata sales

Apartment owners forced to sell their units under new strata laws could lose hundreds of thousands of dollars in a controversial West Connex-style value gap, it has been claimed.  Shadow Minister for strata issues Yasmin Catley says home owners should be given what they would have accepted if they had willingly sold, and has accused the government of covering up its true intentions with “obfuscation and spin”.     Read the article…………..


Related Articles

How to fight back against bullies in strata apartment blocks

We know all about school bullies, workplace bullies and cyber bullies, but what about strata bullies making residents’ lives miserable

Residents who smoke on balconies risk fines under strata bylaw changes

Tenants who ignore complaints about smoking on apartment balconies could face fines under proposed changes to strata laws, the state

Strata law overhaul to improve apartment living in NSW

The biggest overhaul of NSW strata laws in four decades is about to make apartment and townhouse living that much