If you are buying a strata property for the first time, you will want to know your rights to have a say on important strata decisions and financial matters that impact you later. Speak with Omega Legal early to make this request to the vendor before you sign the contract.
Before accommodating the developer’s request, follow these steps and obtain the following preliminary information from the developer.
Every year there is at least one general meeting, the Annual General Meeting where the strata residents may have a say on essential matters.
If you are obtaining a proxy for the first time or just need a re-fresher, follow our tips on how to complete a proxy form properly.
The recent case of Than v Galletta & Ors [2019] NSWDC 9, is a stern reminder (that comes with a more than $330,000 price tag) to stay on top of periodic inspections and maintenance and repair works on your premises to avoid being sued for negligence by your tenant.
Can local council patrol and issue parking fines on a private property?
If you are an owner of a strata property or plan to purchase one, read our case study on the current strata laws that help prevent illegal and unauthorised parking.
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