for everything you need to know about strata...

strataman gesturing
"OK, it was a long time coming but it finally arrived!!  The All NEW legislation for NSW Strata Laws INCLUDING the NEW Strata Regulations!!  Now, don't get me wrong - many of these changes were needed but it still has a way to go before we can all relax.   I applaud some of the changes while others are just so-so - but at least things ARE moving in the right direction.  Happy reading!"

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The NEW NSW STRATA Legislation - SUMMARY


Well, November 30th 2016 has come and gone so we're all now facing this brave new 'Strata' world and it's a matter of 'catch-up' for many webmasters out there.  Sadly, most of the information about strata out in cyber space right now is probably out of date - i.e. it no longer complies and needs replacing or at least some tweaking.

I too was faced with making the necessary changes to this site so that it complies with the new legislation - and I can say that it's over 95% done.  However, I have noticed that I am still waiting on some of the sites I link to to fix their pages and hopefully they will do it sooner rather than later.

So, I will keep this page up for a little while until the dust settles and the rogue sites either catch up or I delete or replace their links if they are too slow.  I will put a few of the 'reform summary/evaluation type' articles on this page to give you a summary on the reforms instead of having to plough through each section looking for the differences.

The information provided by these links will, as always, be hard hitting and relevant.  It won't be light-on in terms of quality information nor will it be off-topic.  It's so easy to waste hours and hours scouring the internet for something only to come up with a lot of junk links, dead-ends, bad or incorrect information or articles that are simply light weight and tell you nothing.

Terminology Changes

Firstly, and as with all changes in legislation, a number of TERMS were changed and I have created a table that shows the OLD and the NEW.  Here's the link which takes you straight there: Table of Terminology Changes

Transitional Provisions

As with most big changes in legislation, there are certain things that must be done and, in some cases, by certain times to comply with the new laws and these are called Transitional Provisions by NSW Fair Trading which has (yet again) given us some great information dedicated just to this - so ensure you read the New Strata Laws Transitional Provisions page to see if any apply to you or your strata scheme.

DON'T FORGET - a lot of the industry experts are still trying to come to terms with EXACTLY how the new laws will impact on every little thing so it could be a while before everything stabilises and everyone is on the same page.  It'll be sort of like the "wild west" for a while till many of the realities of the changes come to light.

And now, without further ado, here are the links...

BUT before we go there.....Try your luck with this NEW LEGISLATION QUIZ - courtesy of Flat-Chat (and Jimmy Thomson)- for those of you game enough to test out your knowledge.   It's totally anonymous so see how you fair... Just hit the START button and away you go -

QUIZ: 20 questions on the new strata laws

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LATEST NSW STRATA LEGISLATION


NSW Fair Trading

Fair Trading should really be your "go-to-guys" when it comes to the new changes.
Sure, they won't give you any tips, tricks or opinions BUT they will give you the most up-to-date info around.
Great starting point...

Real Estate Institute of NSW

Law Society

  • The Law Society Thoughts on Strata Regulations Reforms
    Not a bad run down of what the various Strata REGULATIONS 2016 reforms mean along with some suggested changes.  As I mentioned earlier - some thoughts MAY change when it all becomes clearer as these opinions were done back in May 2016.  Only time will tell.
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Some Other Useful Links

Below are a number of other links to pretty decent articles on the Strata Law Reforms

Well, I think that might do for now.
However, if another excellent article appears I might just add it in....

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STRATA MANAGEMENT

Looking for a GOOD Strata Manager?  Then you might find it worthwhile giving the company below a call.  All Strata Managers are definitely NOT the same - contrary to popular 'misguided' opinion.

In every industry you get the good ones...and the not-so-good ones...and the downright terrible ones.   O'Connors is in the GOOD category.   Give them a call or drop them an email to discuss your scheme.   Alternatively click on the Experience the O'Connors Difference link at the bottom of this page to visit their website.



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DISCLAIMER:  All information on this website is of a general nature and is intended as a guide only.  Readers should check all information obtained from this website for accuracy from other sources and seek professional legal advice before taking any action based on any information obtained from this website.  Information on this website should not be substituted for proper legal advice.  The owners of this website will not be held responsible for any action taken as a consequence of same.

EXTERNAL SOURCES:  The owners of this website do not make any warranty or representations regarding the information, products, services provided by or qualifications of any external sources listed on this website.  Readers should make their own appropriate enquiries regarding accuracy, qualifications, licences, etc.  The owners of this website will not be responsible or liable in any way for any representations made by any external sources listed on this website.

IMPORTANT NOTE:  This website deals with strata matters in NSW, Australia only.  Legislation varies in different states and territories and in other countries.  For information pertaining to places outside of NSW, Australia please refer to the appropriate legislation for your region.



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