Put down that Wine Glass … we need to review South Australia Strata Laws

I’m a big fan of South Australia as it has so much going for it .. hot dry weather (I hate humidity), no bad traffic (which is good for cycling), great food and wine and nice people (self explanatory).

But we can’t just lounge about enjoying their fine riesling and shiraz without doing some work from time to time … and now that work is to make sure the changes to South Australian strata laws get done properly.

The changes have been announced by SA Attorney General, John Rau, who said that draft legislation which will be introduced to SA State Parliament next year and that public comment is being sought on the changes.

He also said that the changes would include –

• restrictions on who could be a strata manager
• giving owners the right to terminate manager contracts at any time
• compulsory professional indemnity insurance for strata managers
• rights to revoke proxies at any time
• limiting proxy life to 12 months
• better disclosures of conflicts of interest
• provisions for co-insurance of some or all of the buildings in a community scheme

So, let’s watch out for the draft legislation and make some (helpful) comments.

And, see you at an SA winery with a copy of the Strata Titles Act 1988 (SA) getting up to speed.

Francesco …