Tuesday, October 25, 2011

A Strata KISS in NSW

Someone's always asking whether something in a strata building is common property or owner property (and who should pay for it).


But, even though the rules for working it out haven't changed for more than 35 years it appears that NSW strata stakeholders are still confused and can't work it out.


So, the NSW Government has issued a formal property Memorandum to try and simplify things and make it easier to that out.  You can read more about the Memorandum here.


It covers a range of building components and lists what's owner or strata corporation responsibility so that NSW strata corporations can make a by-law adopting the Memorandum and then use it to avoid problems.


From my perspective, I doubt it will really help much.  After all, it's pretty easy to work this out now with a bit of experience and advice; the really difficult issues (like floating timber floors) a re not covered and will always be difficult; and some of the things in the Memorandum are confusing too.


But, I guess there's a lot of people who want everything to be made simple so the Memorandum will be an attractive option for them.  


So if you want the simple answers to responsibilities in NSW strata buildings try the NSW Memorandum Who is responsible for items in a Strata Scheme.




Francesco ...

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