The new Strata Defects Regime will have short- and long-term effects on developers, and they should be getting ready now. New South Wales’ new Strata Defects Regime established under the Strata Schemes Management Act 2016 is about to commence on 1 January 2018, and with the release of the Strata Schemes Management Regulations 2016 developers have more clarity about their various obligations under the scheme. Read the article…………….
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