November's edition of
The QLD Strata Magazine is out tomorrow!
The Magazine will ONLY be sent to subscribers who have indicated they're interested in QLD content. Not in QLD? We've got you covered. Stand by for other state's editions.
↓ You can quickly and easily do that here ↓
WA: What’s the Purpose of My Reserve Fund’s 10 Year Plan?
WEBINAR: 2:30 pm, Thurs 3 Dec
After receiving the strata company‘s 10 year plan, many lot owners ask us “What do I do with it now?”. They know the strata company must have a 10 year plan but they don’t understand its purpose or how this affects the type of report they should commission.
We will be stepping you through the process plus, time permitting, Kaylene Arkcoll, Leary & Partners will address Q&As as part of the session.
NSW Q: A resident has moved into one of the units in our strata, however, she is not registered as a tenant but as an 'approved resident'. She is considered a visitor and is able to use visitor parking etc. What can we do about this?
QLD Q: After the repair of a water main leak below my driveway, my drive has been left in a sorry state. At the AGM, the Body Corporate refused to fix the damage. What are my options?
WA Q: More and more of our owners and residents are using power from the common areas. Is this use of power considered acceptable, as it is paid for by all of the owners through strata fees?
QLD Q: We've arranged for a much better deal on Hot water and Gas. Do we have to wait until our AGM to get the contract approved or can we set it in motion now and ratify the decision at the AGM?
QLD Q: Our new building has many defects. An EGM was recently held and 13 of the 17 owners voted to take the case to QCAT for mediation, but the developer who owns 6 units was able to vote the special resolution down. What do we do now?
NSW Q: We have found after 7 years a balcony overhead structure was built poorly and is failing. Should I be able to ask the insurer if the defect is covered by building insurance?
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Public consultation opens on WA’s newest form of land tenure
On the 6 Nov, Lands Minister Ben Wyatt released the draft Community Titles Regulations 2020 for public comment, moving Western Australia closer to the expected introduction of community schemes next year. Information and resources on community titles, including the draft regulations, are available through http://www.strata.wa.gov.au.
Feedback on the draft community titles regulations is being sought over the next month until December 9