Strata owners will gain a clearer understanding of how their scheme works and can be improved.
- The changes will make it easier for owners to upgrade common property, enforce by-laws through the State Administrative Tribunal (SAT) and improve the ongoing maintenance of schemes.
- Strata ownership spans residential properties such as apartments, townhouses and units, as well as retail, commercial and industrial premises.
What you need to know
Changes under the new law and regulations will ensure:
- By-laws are better and easier to enforce
- Owners will be able to improve their schemes, not just keep existing infrastructure well maintained
- Communications, voting and attending meetings can now all be done electronically
- The tasks and responsibilities of strata managers are clearly defined
- The relationship between the strata manager and the strata company is clear
- Members of the strata council now have clearer standards and legal protection
- All strata disputes are heard by SAT - an overarching tribunal which will provide a ‘one stop shop’ for strata disputes.
Smaller schemes such as duplex schemes won’t be required to have a strata council, an Annual General Meeting or even their own by-laws. They will continue to be governed by the standard by-laws.