LookUpStrata News #587 - Strata Loan: Can I Pay My Portion in Full?

LookUpStrata News #587 - Strata Loan: Can I Pay My Portion in Full?

Welcome to Newsletter #587 quick content summary! Thanks to today’s newsletter sponsor:?Whitbread Insurance Brokers - https://www.whitbread.com.au/business-units/strata/

These very quick bursts of content have been purpose built for busy people. We know everyone is short on time, so every Monday and Wednesday morning we send out a newsletter packed full of articles, legislative changes, upcoming events, strata positions and news stories.?

Read below for the summary of today's edition or jump straight to the full newsletter: https://www.lookupstrata.com.au/wp-content/uploads/Strata-News-587.html

Articles

This edition of Strata News provides you with the following strata content:

  • NAT: Levies – What are you really paying for? with | July 2022 -Michael Ferrier, EYEON Property Inspections
  • NSW Q: The Strata Manager sent their plumber to fix a plumbing issue in my lot. The repair required the replacement of a tap, and a promise from the plumber to be back in 2 weeks with the matching fitting. It's been over a month. What do I do? - Leanne Habib, Premium Strata
  • QLD Q: My roof has been leaking for 7 months. While the body corporate says they will fix the leak, nothing has been done. How do we move this along? - William Marquand, Tower Body Corporate
  • WA Q: If a Strata Scheme adopted the Strata Titles Act 1985, Schedule 1 and Schedule 2 additional by-laws in 1991 which included by-law 8 - Cleaning of Windows, but this by-law was deleted from the ACT in 1995, is this by-law still valid to be included in the First Consolidation? - Brian Rulyancich, StrataTAC
  • NSW Q: Our strata complex needs to raise $150,000 quickly for urgent maintenance. If we decide to secure a strata loan, can I pay my proportion in full and not be responsible in any way for the loan? - Debbie Barker, StrataLoans
  • QLD Q: What is the process of filling a committee vacancy under the small schemes module? - Jessica Beckett, SSKB
  • QLD Q: Regarding cladding on QLD strata buildings, what is the compliance if a building was constructed in 1980? - Frank Higginson, Hynes Legal
  • NSW Q: Our complex has been without lights in our very dark grounds for 3 months. There have been delays due to weather. While the committee tends to the matter, we’ve suggested temporary lighting. Does the OC have a duty of care to provide lighting? - Dakota Panetta, Solutions in Engineering
  • NSW Q: If an owner raises an issue where there is no compelling evidence there is a problem for the Committee to attend to, who should pay for the investigation? -Tim Sara, Strata Choice
  • QLD Q: Our strata management company sent a secret ballot for committee nominations with a wrong building's returning officer envelopes. Is the whole AGM invalid? - Todd Garsden, Mahoneys

Upcoming Webinars

  • Last Chance to Register - QLD: Approval for Renovations, or ‘How not to pinch other people’s land’. Stratum Legal - 21 Jul
  • NAT: Sustainable communities - Don't get left behind! The Knight - Jul 28
  • NAT: Options for meeting financial obligations during challenging times. Lannock Strata Finance - 4 Aug

All sessions attract SCA CPD points for Attendees.

ACCESS THE FULL NEWSLETTER?

https://www.lookupstrata.com.au/wp-content/uploads/Strata-News-587.html

Thanks

Nikki, Liza and The Team at LookUpStrata

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