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Have you ever received a valuation when seeking insurance renewal terms and thought, this value seems way less than what the building is worth? There is a good reason for this common misconception. We will explain the difference between market and insurance valuations and also the basis for preparation of an insurance valuation by a…
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Do tenants have the same rights as the owners in a body corporate and what are they? These are common questions of both tenants and owners to the Commissioner’s office. In this article I answer some of the common enquiries to help you understand your obligations. Keep in mind that obligations and rights of tenants…
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You have been told time and time again that a body corporate cannot make a by-law banning short term letting or Airbnb within its strata community. But a strata community we have been working with closely for almost two years put in place a by-law prohibiting lettings of less than one month as a means…
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As a strata manager, I often get questions about a persons actions or behaviour and whether they are acceptable. This is a difficult question to answer and as always in the world of strata, the answer usually is found within the by laws of the scheme in question. This prompted me to think about rules…
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