The most comprehensive changes to the Victorian Strata Act will come into effect on 1 December 2021.
These law changes aim to empower Owners Corporations and Committees to do their job more efficiently with streamlined governance processes and improved accountability.
But there’s more to it including changes regarding maintenance plans, insurance, strata managers and financial records.
So just how will you be affected as a strata owner occupier or investor?
It’s a fair question to ask and one that was covered at our recent sell-out online client forums.
Smarter Communities/VBCS Executive General Manager, Richard Eastwood was joined by CHU Strata Insurance Victoria & Tasmania State Manager, Alan Ferre and Australian Apartment Advocacy Director, Samantha Reece to outline these changes and answer client questions through a Q&A session.
For those who were unable to attend the online webinars, we have a recording available here.