A new era for strata

A new era for strata

Reforms to benefit the more than two million people in NSW who own, rent or manage strata will come into effect from 30 November 2016. After an extensive public consultation over five years and 3000 submissions, over 90 amendments to the strata legislation will aim to...
Pokemon GO and your property

Pokemon GO and your property

Pokemon Go is all over the news with stories of people walking out onto roads into the path of cars and others being lured into areas and then attacked. Someone has reportedly gone so far as to quit their job to play it full time. These are obviously extreme examples....
NSW developers to pay a bond for defects from July 1

NSW developers to pay a bond for defects from July 1

The amendments in the Strata Schemes Management Act 2015 are proposed to take effect from 1 July 2016. Accordingly, Developers who commence construction after 1 July 2016 are likely to be impacted by these changes. Developers will have new obligations with respect to...
Ten tips for buying a strata unit off the plan

Ten tips for buying a strata unit off the plan

Buying a strata unit “off the plan”, before it has been built, has long been common. As compared with buying an existing property, there are many potential benefits, e.g. good pricing offered by developers needing to satisfy finance requirements, potential capital...