Are you ready for the new strata title laws?
Do you own a strata apartment in New South Wales? Are you purchasing off-the-plan? Strata title law is changing.
Get ready for 4 significant changes to strata laws to commence on 1 July 2016.
- Strata Management - Strata Manager appointments are limited to 3 year terms. They will be able to be more easily removed. Tenant representatives may attend owners meetings, but cannot vote.
- Strata By-laws - The list of model by-laws is extended to: impose a limit of 2 adults per bedroom, fines for illegal parking, better noise control, to prohibit smoke drift from cigarettes and barbecues on balconies, and to allow small pets.
- Building defects, renovations and maintenance - For new strata buildings, a maintenance schedule and a obtaining a building defects inspection report are to be on the agenda at the first owners meeting. For all strata buildings, there is a list of cosmetic works which can be carried out by owners without approval, and a list of renovations which require approval by the owners corporation.
- Redevelopment - If 75% of the owners agree, they can override the wishes of the other 25% and redevelop or sell the building. There is a process that must be followed including having a renewal or sale plan approved by the Land and Environment Court.
For more information see