Altered arrangements for convening The provisions allowing electronic convening and voting at meetings, introduced in response to the COVID-19 pandemic, should be made permanent and not repealed on 13 May 2021. 26/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 26/02/2021 12:00:00 AM | 26/02/2021 11:05:03 AM |
On alert! Cyber-crime on the rise Social engineering fraud has increased in frequency and severity in recent years. Fraudsters have become especially sophisticated when targeting unsuspecting victims and the financial consequences of these crimes can be devastating. 25/02/2021 | 25/02/2021 12:00:00 AM | 25/02/2021 9:33:46 AM |
| 24/02/2021 12:00:00 AM | 24/02/2021 9:37:17 AM |
Pre-meeting electronic voting for elections Clause 14 of the Strata Schemes Management Regulation 2016 (NSW) should be amended to make it clear that pre-meeting electronic voting does not extend to elections. 23/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 23/02/2021 12:00:00 AM | 23/02/2021 9:20:22 AM |
| 22/02/2021 12:00:00 AM | 23/02/2021 2:42:02 PM |
Quorum The provisions regarding the quorum at a meeting need to be redrafted, so that it is clear, particularly in the case of small strata schemes, what happens if there’s not a quorum. 19/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 19/02/2021 12:00:00 AM | 19/02/2021 9:08:35 AM |
How agents can help vendors Not every `Sold’ sticker placed on a real estate signboard is accompanied by a smiling vendor jumping for joy. Divorce, debt and death are among the most challenging reasons for selling property and often super charged with emotion. 18/02/2021 | 18/02/2021 12:00:00 AM | 18/02/2021 10:04:20 AM |
Items requiring statutory warranty Further guidance needs to be provided regarding the need to include an item on the Annual General Meeting agenda to consider building defects and rectification where warranty periods under the Home Building Act 1989 (NSW) apply. 17/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 17/02/2021 12:00:00 AM | 19/02/2021 9:25:20 AM |
Take charge of compliance The 1 April 2021 implementation deadline for the Supervision Guidelines is looming. Here’s what you need to know to ensure compliance. 16/02/2021 | 16/02/2021 12:00:00 AM | 16/02/2021 10:01:11 AM |
Record keeping The legislation should be amended to allow for the better maintenance of strata records, including electronic storage and back-up, as well as a requirement to maintain an overall index of records. 15/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 15/02/2021 12:00:00 AM | 19/02/2021 9:24:23 AM |
| 12/02/2021 12:00:00 AM | 12/02/2021 3:48:25 PM |
Insurance valuations The requirement for an Owners’ Corporation to obtain a building insurance valuation every five years should be reintroduced and amendments made to remove reinstatement from the valuation exercise. 12/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 12/02/2021 12:00:00 AM | 12/02/2021 2:29:41 PM |
Window safety devices The legislation needs to clarify who is responsible for the ongoing maintenance of window safety devices and address the many practical issues that are currently causing confusion. 11/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 11/02/2021 12:00:00 AM | 19/02/2021 9:18:53 AM |
Taking trust to the next level Neil Webster, the winner of the John Greig OAM Community Service category at the 2020 REINSW Awards for Excellence, reveals how community service can set you up for a thriving career, build trust with clients and help make the world a better place. 10/02/2021 | 10/02/2021 12:00:00 AM | 10/02/2021 11:58:29 AM |
Minor renovations by owners There should be a statutory requirement to register minor renovations to common property carried out by lot owners. 09/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content. | 9/02/2021 12:00:00 AM | 19/02/2021 9:17:13 AM |