NAT: Rising Inflation Issues for Australian Strata Schemes [VIDEO]
What do the recent spike in building material prices and increased inflation have on the projected costs in your 10-year maintenance plan? Is there a potential for your strata savings to be well underfunded? Tim Fuller, Strata Guardian
VIC Q: We have a 99 year lease on the front lawn. We would like to erect a fence on this area. Can other lot owners object if we have exclusive use of the space?
WA Q: At our strata plan of 5 townhouses in Perth, 4 lots share the main driveway and the fifth lot has a separate entry. Should the fifth lot contribute to the shared costs of either tree or driveway maintenance?
QLD Q: Our BCM require 3 months to prepare for an AGM. All motions must be submitted before this cut off date. How can we ensure motions are relevant if quotes for maintenance are only valid for 30 days?
Installation of electric vehicle chargers will normally involve changes to common property, requiring OC approval through a by-law. But what should the by-law cover?
NSW Q: Our owners corporation has taken a tough line with short term rentals stating two strikes and you are out. Do they have the power to order evictions?
