Start date for new NSW strata laws set – but defects bond on hold (Australia)
It’s on! The state’s much-anticipated and long-overdue strata reforms have a definite start date. November 30 is the big day so it’s an early Christmas present for some apartment residents – although some of the “gifts” may be less than gratefully received. Among more than 90 changes to strata legislation, the most controversial means that 75 per cent of owners in apartment blocks will be able to sell the entire building to developers, regardless of objections from the other 25 per cent. Read the article…………..