The latest strata schemes for Western Australia have seen positive changes to solar plans for strata developments. The NSW government passed the legislation in 2021, making installing renewable energy in strata complexes easier. With these amendments in place, strata schemes now only have to pass a voter majority of 50% to implement instead of the … Read more
An increasing number of Western Australians own, work or live in strata properties such as apartments, units, townhouses and villas. Owners share responsibility for any common property, including gardens, external walls, foyers and driveways. With the rise in popularity of strata ownership, we have seen increased issues in how strata are run and managed. The … Read more
Self-managing your strata complex can often lead to more disputes, especially if you do not understand the existing legislation and regulations. It can, therefore, expose your strata complex to more risks. It can often be frustrating, time-consuming, and difficult to self-manage a strata complex. That is why hiring a strata manager is advisable. Here are … Read more
The owners of a strata building, such as a townhouse or apartment complex, are responsible for maintaining and repairing common property areas. This includes public areas of a facility, such as a parking lot or an elevator. Related: Strata Management Perth The funds for such works are included in 2 types of strata charges: maintenance/administration … Read more
A strata management company keeps financial accounts, advises on asset management, arrange property maintenance, collect and bank levies and conduct meetings on behalf of the owner’s corporations. However, if the strata management company does not do their job or breaches the contract, the council of owner’s can change the company. Also read: What is Strata … Read more
The real estate industry presents numerous forms of owning property today. For example, investors can now buy strata, which is ownership of a certain part of a property. This mostly happens in urban areas where people have the option of buying a piece of a building with shared amenities. After the purchase, the next important … Read more
It is confusing for most people to understand strata. In fact, it is challenging to get the right information. That is why there are myths about strata managers. It is better to separate fact from fiction and tackle the common misconceptions. This article will help you understand the myths about strata managers. 1. Strata Managers … Read more
As the real estate sector evolves, many people are investing in common properties, where several amenities are shared. This is because the properties are more affordable and are often found in developed cities or towns. However, before buying a common property, it is essential to understand what role strata management in Perth plays in the … Read more
A strata management company manages jointly owned properties, including residential establishments and commercial buildings. However, a lot of investors have never thought of hiring a strata management company. Hiring a Perth strata management company saves you money and reduces your stress. Here are the top 3 reasons to hire a professional strata management company: 1. … Read more
Previously known as “body corporate management,” strata management revolves around the organisation of blocks of properties, facilities, and common areas. Most people judge strata management agencies based on their strata managers. Strata managers ensure that all the administration is accurate and updated. They are also responsible for helping residents with any concerns or issues they … Read more