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Strata News, Investment Insights, Lifestyle & Inspiration Tips

Who is legally liable if your building is not insured for enough?
Strata Matters

Who is legally liable if your building is not insured for enough?

26 Sep
Most strata schemes in NSW are required by law to have in place certain insurance policies to cover damage to or destruction of the building(s).
Challenges for electric vehicles in strata communities
Strata Matters

Challenges for electric vehicles in strata communities

19 Sep
Demand for electric vehicles (EVs) in Australia is growing, with the EV market share increasing by 65% in 2022 to 3.39% of new light vehicle (car) sales1. While this lags other developed nations, such as the UK, where one in five new cars sold is electric, we know demand in Australia will continue to increase. Moderate estimates predict EVs will represent 49% of total vehicle sales by 2030, and 100% of total vehicle sales by 20402.
What are a lot owners legal rights if a committee vote no?
Strata Matters

What are a lot owners legal rights if a committee vote no?

15 Sep
Many decisions in strata living involve a simple majority vote at a strata committee meeting or at a general meeting, or sometimes a special resolution at a general meeting. If a lot owner is unable to obtain a favorable outcome at the strata committee level they could adopt strategies to build a case, build support, escalate to a general meeting or apply for the intervention of the NSW Civil and Administrative Tribunal (NCAT).