The NSW Strata Magazine | August 2022

  • What if the strata manager doesn’t provide all requested documents? 
  • Changing unit entitlements for lots in a strata scheme 
  • Automating support functions in strata management 
  • Parking space renters served with increases 
  • No one wants to be on the committee 
  • Waiting for a response about a claim from the insurer? 
  • The life saving importance of smoke alarms 
Read the latest NSW edition here
Catch up with your latest edition of The Strata Magazine:

Latest Articles From the LookUpStrata Blog

WA: Practical Methods to Reduce Risk in Your Strata Scheme - August 2022

Wal Dobrow,
Reserve Fund Plans

NSW Q: If a strata block of units is zoned residential, can someone operate a manufacturing business from a unit? The person with the manufacturing business does not live in the building but owns the lot.

Leanne Habib, Premium Strata

QLD Q: If the body corporate uses sinking fund monies to purchase shares in a Pty Ltd company, who then are the shareholders in the case of a body corporate?

Michael Kleinschmidt,
Stratum Legal

ACT Q: Our OC’s Admin Fund is in deficit and the strata manager has been paying day-to-day and reoccurring costs from the Sinking Fund. The EC has agreed to this arrangement, but the OC hasn’t agreed. Is this legal and what can be done about it?

Nina Cannell, Signature Strata

NSW Q: If a strata management company has separate trust accounts for each scheme, is a yearly audit required on those trust accounts or is this only a legislative requirement if pooled trust accounts for all managed schemes are held in the same trust account?

Rod Laws, TINWORTH & CO

QLD Q: Our Chairperson is also in the financial documents as being a ‘caretaker’ receiving approx $900 per month. How do we stop these payments?

William Marquand,
Tower Body Corporate

QLD Q: In high-rise, residential strata buildings is a certificate of occupation required to be on display? I live in a residential strata building and I have not seen a certificate of occupation displayed.

Todd Garsden, Mahoneys

NSW: Can An Owners Corporation Add Its Legal Fees For Recovering Unpaid Contributions To The Defaulting Lot Owner’s Ledger?

Jasmin H.Singh & Allison Benson,
Kerin Benson Lawyers

Last Edition's Star Articles

NSW: My neighbour has a water fountain in her yard next to my patio. It is like listening to someone urinating into a toilet bowl 24/7. Although the level of noise isn't excessive, could this be considered a nuisance?

Leanne Habib, Premium Strata

QLD Q: We've seen the price of replacement fobs jump to $85 with a new caretaker. Is this charge fair? Can a Caretaker charge whatever they like? What are lot owners paying in other buildings?

William Marquand, Tower Body Corporate

Highlighting LookUpStrata Sponsors

 

NSW
Mr Washer, Plumber To The Rescue
Over 30 years serving Sydney Strata buildings
 

WA + SA
Reserve Fund Plans
Strata Compliance Reports and Valuation

National: Have Your Say

Strata Management Staffing Churn Survey

Deryck Walker from STMI is conducting a national survey aimed at strata managers about staff churn and staff conditions. The motivation for this survey is based on concern around perceived high rates of staff churn in the strata management industry. The survey closes 18 August.
 

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LookUpStrata + Strata Solve & Stratum Legal: Strata and Short-Term Letting: The Facts – And The Options
WEBINAR: 18 Aug, 10 AM AEST
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WEBINAR: 15 Sept, 10 AM AEST
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Strata Hub:
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