Young Strata | Professional service
Young Strata
Phone: +61 2 8015 7788
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25.01.2022 A helpful summary of the challenges facing owners in Strata. http://www.smh.com.au//why-i-will-never-buy-a-new-apartmen
22.01.2022 http://youngstrata.com.au/meetings/
20.01.2022 http://youngstrata.com.au/developer-friendly/
19.01.2022 Poor quality development is already quite a problem and there'll be much more pain in coming years, unfortunately. http://www.domain.com.au//industry-experts-concerned-apar/
19.01.2022 Strata Schemes Management Act 2015 to commence 30th November 2016. A little earlier than most of us would prefer, given that the Regulations that support that Act have not yet been finalised. http://youngstrata.com.au/commencement/
19.01.2022 6th October 2015 Forced sales (Strata renewal) I was recently asked about forced sales in strata, enabling blocks to be redeveloped with less than unanimous consent. An associate of a developer encouraged a Lot Owner to fall into line with a proposed redevelopment and agree to sell his unit, claiming that the redevelopment was pretty much a done-deal because of agreements already in place with other owners - and the new legislation. Understandably, having heard reference to ...Continue reading
17.01.2022 And here we have another case-study. Not the first, certainly won't be the last. These ticking time-bombs are all around us. https://www.domain.com.au//owners-in-awardwinning-newcast/
12.01.2022 This also applies in Strata. Good Strata Managers play a role in educating clients, and this extends to norms and realities in the building industry. http://www.domain.com.au//think-your-tradies-bad-maybe-yo/
09.01.2022 Interesting comments from the front lines of the short term letting battle. http://www.smh.com.au//dirty-tricks-and-dodgy-laws-as-unit
09.01.2022 Strata clients being asked to commit to contract term - do it IF it's right.
06.01.2022 "The trouble with quotes on the Internet is that it's hard to determine whether or not they are genuine" ~ Abraham Lincoln
05.01.2022 Very welcome news for apartment buyers https://www.domain.com.au//surry-hills-developer-ordered/
04.01.2022 We are pleased to share the good news that owners in Strata Schemes stand to benefit from the move to a fairer system of funding Emergency Services, involving the removal of the Emergency Services Levy (ESL) currently applied to insurance policies and replacement with the Emergency Services Property Levy (ESPL) paid alongside Council Rates. Such a change will broaden the base of collection, to the benefit of those who currently insure their properties and therefore bear the c...ost avoided by those who choose not to insure. Required by legislation to insure their buildings, Strata Schemes have long been subsidising non-insurers. Although the introduction of the ESPL will add a new cost to Strata owners alongside their rates, it is expected that the premium reduction (discussed in the order of 20%) should exceed the ESPL cost, resulting in a net benefit to Strata Schemes and the members of their Owners Corporations. For more information see the release from Strata Community Insurance available at: http://youngstrata.com.au/esl/
02.01.2022 Strata reform - Bills finally introduced to NSW parliament
