Community Insights

When you own a property in a strata complex, you become part of a shared community, one where responsibility for repairs and maintenance is divided between individual owners and the owners corporation. In practice, that division isn’t always clear. Questions often arise about who should repair a leaking balcony, repaint window frames, or replace a broken bathroom fan. To bring some much-needed clarity, the NSW Government introduced the Common Property Memorandum, a document t

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