top of page
Community Insights
A blog by Compass Strata :: Explore . Engage . Empower
Search


Shh... Tackling Noisy Neighbours in Strata Living
Living in a strata community offers numerous benefits, including shared amenities and a sense of belonging. However, one challenge that residents often face is noise disturbances from neighbours. While some level of noise is inevitable in communal living, knowing when it crosses the line is crucial for maintaining harmony within the community. So, how much noise is too much in a strata community? Let's explore this question in detail. Understanding Noise Regulations Before de

Timothy Lee
3 min read


What's Inside Your Strata Insurance Policy?
Strata insurance is not just a choice but a legal obligation in New South Wales under the Strata Schemes Management Act 2015. This legislation mandates that strata communities must secure and uphold sufficient insurance coverage for their buildings, common property, and public liability. Failure to comply not only violates the law but also exposes property owners to significant risks. Additionally, owners with mortgages may find themselves in breach of their loan agreements w

Timothy Lee
4 min read


GST Compliance for Owners Corporation
When it comes to managing finances in strata communities, compliance with Goods and Services Tax (GST) regulations is paramount for good governance. Understanding GST obligations can be complex, but with the right guidance, strata committees can navigate this terrain effectively. In this comprehensive guide, we break down the essential components of GST compliance for strata communities. Who Must Register for GST Registration for GST becomes necessary under specific circumsta

Timothy Lee
2 min read


Tackling Abandoned Vehicles in Strata - Your Rights and Action Plan
Discovering an abandoned vehicle in your strata parking spot can be frustrating, but knowing your rights and the proper procedures can help resolve the situation effectively. In this article, we'll explore the steps you can take to deal with an abandoned vehicle in your strata complex, ensuring a smooth process and a clutter-free environment for all residents. Understanding Your Rights Abandoned vehicles on common property in strata schemes are governed by the Uncollected Goo

Timothy Lee
2 min read


Decoding Strata Committee Eligibility: Who's In and Who's Out?
Keen to join the strata committee? It's a commendable endeavour, but not one to take lightly. Serving on the committee demands time, and effort. Before you put up your hand, ensure you're familiar with who can and can't join. The Strata Schemes Management Act 2015 outlines the rules, and we're here to break it down for you. Let's dive in: Strata Committee Eligibility Eligible Candidates: Sole lot owners: Individuals owning a lot solo. Company nominees: If a corporation owns a

Timothy Lee
3 min read


What is AFSS?
Fire safety is paramount in any residential or commercial setting, but it holds particular significance in strata properties where multiple individuals cohabit. In New South Wales (NSW), owners corporations are required to adhere to strict regulations to guarantee the safety of occupants. One of the crucial compliance measures is the submission of the Annual Fire Safety Statement (AFSS). This statement serves as a testament to the property's adherence to fire safety standards

Timothy Lee
3 min read
bottom of page
