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Month: June 2017

What do you own in your Apartment – Lot vs Common Property

To make decisions about your Strata, it is important to have a reasonable understanding about who owns what within a Strata Scheme. Section 4 of the Strata Schemes Development Act 2015 contains the relevant definitions about who owns what within a Strata building. Common property means any part of a parcel that is not comprised…

The Role of a Strata Committee

The Strata Schemes Management Act 2015 (SSMA) and Regulations outlines the role of the Strata Committee and their authority to act on behalf of the Owners Corporation. The Strata Collective sees the development of the relationship with the Strata Committee and the Strata Manager as one of the key areas of their management.   The…

Renovations in Strata and Proactive Strata Management

The NSW Strata Legislation changed on 30 November 2016. The team at The Strata Collective has worked extremely hard to make sure we are able to advise our owners on the specific changes to their Strata Management service.   With the legislation changes, one of the main aims in the NSW Office of Fair Trading…

How do you know if you are Working Well with your Strata Committee Members?

OK, we need to talk. It’s not you, it’s me… I apologise for quoting Seinfeld to start this article however many Strata Committees complain about one or two members of their Committee who have difficulties getting on with their neighbours (fellow Committee members). At the lowest level, having one or two difficult owners within your…

Fire Compliance and what a Strata Scheme is Required to do Each Year

Annual Fire Safety Statement Every year the owner of a building or premises that has fire systems installed must provide the local council and Fire and Rescue NSW (the NSW Fire Brigade Head Office) with a statement certifying that all fire-safety measures work properly. This statement must be assessed by qualified personnel and be displayed…