Sunday, January 6, 2013
Living In Strata
See www.livinginstrata.com.au
Friday, February 17, 2012
Government Review of Management Rights
The paper is available here.
Wednesday, June 17, 2009
Some Owners Unable to Pay Strata Levies
"A call by debt collection agencies for reforms to the cost-recovery process for bodies corporate comes as apartment owners at a Brisbane building are locked in a legal fight with a resident, who had racked up a debt of more than $50,000 since 2004."
"In the Brisbane case, one of the owners in the 51-unit 1970s building on Leichhardt Street said that since 2004, the problem owner had not paid his strata fees or levies on time.
In two previous actions against him, one of the building's apartment owners, who did not want to be named for fear of retribution, said the problem owner ended up paying, with $20,000 of the $50,000 owed comprising legal fees.
"We have had two actions against him previously where he has paid on the steps of the court," they said.
"Because he is an ongoing serial pest, we should have some entitlement to say you are no longer entitled to be here."
The AustralianSaturday, June 13, 2009
Maintenance Fees
Interesting comment from another blog:
"I must admit I had no idea what I was doing when I bought my first apartment; Low fees meant I liked the building, without knowing anything financially about the building, I have since researched the other buildings I was also interested in, and to be honest I was just plain LUCKY I bought in the building I did, only after joining the committee did I realize we actually have a huge surplus as well as low fees ( that have actually gone down further since I bought)
I also think it's a huge mistakes for people who purchase an apartment or unit with a strata title, but fail to join the committee or even attend the AGM, Its probably their biggest investment they will ever make, but they don't care how, or who is running it."