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The NSW Strata Magazine | July 2023
• Can lot owners insure against potential damage claims?
• Do we wait for the special levy money before fixing water ingress?
• Is compliance with the Building Code of Australia retrospective?
• Strata’s new age of due diligence
• A Property Valuer’s Opinion on the Housing Crisis in 2023!
• Reforms to fire safety regulations. What do you need to know?
• Water damage claims due to owner’s negligence
• Sustainability infrastructure improving strata schemes liveability
QLD Q: Can a vote be taken on an issue/item discussed at an informal committee meeting, or should those present agree to vote at the next committee meeting or by a VOC?
NSW Q: We are laying new carpet in an old building's common areas. I am over 70 and want the owners corporation to install treads for the safety of all residents. Are there rules for this?
WA Q: Our three building scheme has a percentage of holiday lets run by a hospitality company. The CEO of the company holds a large number of proxies and controls decisions. Lot owners feel there is a conflict of interest. What can we do?
QLD Q: The shop within the scheme holds lock boxes on behalf of lot owners to hand out to short-term guests. Our caretaker has a short-term letting license in our building. Is the shop a competitor? Can there be more than one letting agent?
QLD Q: At a recent budget meeting, the committee was unprepared and unprofessional. The meeting was moved at the last minute, and they seemed to throw numbers around. Is this usual?
