NSW Strata Reform Update: Four Point Plan For Levy Recoveries

A new strata schemes management act and regulation are expected to commence later this year. The new laws will not provide much assistance in relation to levy recovery. However, some changes have been made, which will in turn necessitate changes to forms and procedures. There are no transitional provisions in relation to levy recovery, so strata managers need to be ready to deal with the new rules when they commence.   Read the article…………


Related Articles

Strata Finance: What Is It?

When an owners corporation or body corporate needs money for renovation or rectification works, emergency repairs, green initiatives, insurance premiums,

Community titles to be introduced through strata reform

Amendments proposed for Western Australia by Landgate’s Strata Titles Act reform project will introduce a new form of strata known

Building Defects Claim Update – High Court Hands Down Decision in Chelsea Case (Australia)

On 8 October 2014, the High Court in Brookfield Multiplex Ltd v Owners Corporation Strata Plan 61288 [2014] HCA 36