MANAGEMENT RIGHTS REFRESHER: DEALING WITH ASSIGNMENTS AND VARIATIONS CONCURRENTLY “Management rights”, “variations” and “assignments” – these are terms commonly used in our Body Corporate and Strata World but what are we really talking about? What does it mean to have an “assignment” that is subject to a “variation”? These appear to be the ‘flavour of […]

THERE’S NOTHING COMMON ABOUT THIS STRATA PROPERTY Strata title doesn’t exist without a building: it’s fundamental. There must be a strata building to create a strata corporation, define the common property, and, give life to boundaries for the strata lots.  Strata owners’ property [their cubic space] is defined by the walls, floors, and ceilings of […]

DAMAGE TO PROPERTY Occasionally in bodies corporate, property can be damaged through no fault of the property’s owner. The property’s owner may be an owner of a lot, an occupier or the body corporate. Under the Body Corporate and Community Management Act 1997 (Qld) (the Act), a property owner may seek reimbursement or an order for repair, in […]

BUYING AND SELLING CHECKLIST When you are selling or purchasing a strata property, there are a few additional considerations compared to freehold properties often overlooked.  If you miss any of these critical steps, as the seller your sales contract may be terminated, if for instance you don’t have documented approval for additions made to the […]

PREVENTING WINTER FIRE HAZARDS Winter is well and truly upon us and statistics show that almost half of unit fires are started in the kitchen and 58% of all fire fatalities occur in winter. With winter well and truly here, let’s take the time to brush up of safety measures and be prepared if you […]