
FAQ CATEGORY 01/07/22
What is a strata management agreement?
NSW has legislation that states the way strata managers are appointed and the length of their term.
A strata management agreement is the contract offered by the strata manager to your strata scheme outlining the services they offer and their associated fees.
The services and fees offered can vary significantly between strata companies so take a close look to see what they’ll do, when and for how much.
If you are an owner and don’t have a copy of your strata scheme’s management agreement just ask your strata manager to send you a copy.
Buildings Forming Part of the Lot - 07/02/23
In most plans the external walls, the floors, roofs and ceilings of a building will be common property. In some cases the developer may request a plan where the building standing on each lot forms part of the lot and is not common property. These strata plans are commonly known as Cubic Strata Plans or Buildings Forming Part of a Lot. How do I tell if my strata property is a Cubic Strata Plan? The floor plan will be different from a normal plan in the following ways: The walls will be shown by thick broken lines unless they form a lot boundary. There will be only one floor plan regardless of the number of levels in the building. [...]
Meeting Notice Periods - 07/02/23
Learn about the different types of strata meetings and the required notice periods to call a meeting. Annual General Meeting | Extraordinary General Meeting | Inaugural General Meeting Notice Period - All Owners By Email* Emailed at least 7 days beforehand. Notice Period - If at Least One Owner Requires Post 7 days + 7 business days for postage. This means: Date of posting 7 business days for delivery Then 7 days notice First Annual General Meeting Notice Period - All Owners By Email* Emailed at least 14 days beforehand. Notice Period - If at Least One Owner Requires Post 14 days + 7 business days for postage. This means: Date of posting 7 business days for delivery Then 14 [...]
