Community Insights

In some instances, particularly in a macro environment where cost of living pressures continue to rise, an owners corporation may inevitabilty encounter a daunting situation where it runs out of funds to cover necessary operating expenses or significant annual expeneses such as insurance premium. To avoid lights going out, rubbish piling up or breaching the Strata Schemes Management Act, here are some of the options to restore financial stability for your community. Dip into

On December 11, 2023, significant changes to the strata and community title legislation in NSW came into effect. It's crucial for residents and stakeholders in strata or community title properties to stay informed about these legal amendments arising from the Strata Legislation Amendment Act 2023. The Bill introduces a number of amendments to the following Acts: The Strata Schemes Development Act 2015; Strata Schemes Management Act 2015; The Community Land Management Act 2021

Parking problems in strata or community living can be a delicate issue, with visitor parking often becoming a point of contention. Whether residents or guests, individuals may misuse these spaces, causing frustration. Here are five actionable tips to address and resolve visitor parking abuse: Document It: Maintaining a register of individuals abusing parking privileges is a strategic approach to address recurring issues in strata communities. This register can serve as a valu

Paying your strata levies is an essential obligation for owners within a strata scheme, and its significance lies in sustaining the financial integrity and functional coherence of the shared property. These levies constitute a collective fund that underwrites various facets integral to the communal living framework. Their allocation ensures that the common property, encompassing shared spaces and facilities, remains well-maintained through ongoing routine upkeep and necessary

Living in a strata community offers a unique blend of communal living, but occasionally, conflicts may arise. Effectively managing and resolving conflicts is crucial for maintaining a harmonious strata environment. In this guide, we'll explore the best strategies to navigate conflict resolution within your strata community, promoting open communication, understanding, and fostering a sense of unity. Establish Open Communication Channels: Communication is the cornerstone of co

Understanding the distinction between common property and lot property is essential for strata owners to navigate their responsibilities effectively. This knowledge forms the foundation for clear delineation of duties between owners and the owners corporation, ensuring transparency and harmonious strata living. Common property is defined in the Strata Schemes Development Act 2015 as follows: common property, in relation to a strata scheme or a proposed strata scheme, means a