24th Jun 2019

How A Few Hours A Year Can Shape Your Owners Corporation As we approach the end of the financial year, our Owners Corporation management team are busy working with committees and lot owners for a jam-packed Annual General Meeting season. Each Owners Corporation is required to have an AGM every 15 months and these meetings are crucial to the operation of every Owners Corporation. These meetings are open to all owners or their ...

31st May 2019

Why Annual General Meetings matter for Owners Corporations, big or small Strata Plan manages a wide range of Owners Corporations, from the multi-structure, mixed-use developments with hundreds of lots, right down to developments of three townhouses. Across the board, the average turnout of lot owners for an Annual General Meeting within our portfolio hovers somewhere between 10% and 20%, however, when it comes to smaller developments (usually up to 10 or so lots) ...

27th May 2019

Townhouses and Owners Corporations Owners Corporations are not just for huge, multi-purpose buildings with hundreds of apartments and commercial tenancies. Owners Corporations are an equally big part of smaller unit or townhouse style developments. An Owners Corporation is formed as soon as a property is subdivided into smaller lots and common property is created. This means you could have an Owners Corporation governing anything from two lots up. Whether an Owners Corporation governs ...

24th May 2019

Strata Plan advises all customers that levies for the July quarter have been struck and sent out via email and post. These levies cover the period of July 1, 2019 – September 30, 2019. Please be advised that these latest levies are due on July 1, 2019. The timely payment of these levies is crucial to ensuring your Owners Corporation has funds to pay for building services, utility bills and insurance. Levies are ...

2nd May 2019

Owners Corporations cannot afford to ignore building notices As building notices continue to be issued to buildings across Melbourne, property owners are becoming increasingly frustrated with the pressure being put on them to remove and replace the cladding installed on their buildings. One question being asked by many lot owners is whether or not the notice can simply be ignored or passed onto the builder. As the current owner of the common property, ...

29th Apr 2019

As the Victorian Building Authority’s cladding audit continues, fire safety is at the forefront of many people’s minds. Even buildings without flammable cladding should always consider ways they can make their homes even safer. Fire safety is everyone’s responsibility and while your Owners Corporation has a responsibility to ensure the maintenance of any essential safety systems, such as Fire Indicator Panels (FIP), sprinkler systems, fire doors and anything else listed on your building’s ...

26th Apr 2019

Owners Corporations Must Seek Cladding Answers Australian cladding experts and building surveyors AESG have reaffirmed that owners should work proactively to understand what materials have been used on their building. The Victorian Building Authority and local councils are continuing to audit buildings and are issuing building notices at an increasing rate. ACP (Aluminium Composite Panel) and EPS (Expanded Polystyrene) are the main types of cladding the audit is looking to identify and remove ...

9th Apr 2019

Strata Plan Building Security Tips Media reports that would-be thieves are dressing up as Uber Eats drivers to gain access to the common property in apartment buildings serves as another reminder of the importance of a communal approach to building safety. Security is one of the most listed benefits of apartment living, however, even the most complex security systems can come undone if residents simply let those with no business on the property ...

27th Feb 2019

Settlements and Adjustments in an Owners Corporation: What You Need To Know Whether you have ever bought or sold a property, the settlement process can be stressful and even confusing. When the property in question is a part of an Owners Corporation, this can be doubly true. Strata Plan fields plenty of questions from new property owners who are unsure about costs they may have paid at settlement, whether as the person selling ...

7th Feb 2019

Cladding Rectification Agreements: How have we come to this [caption id="attachment_1527" align="alignright" width="525"] Photo: Andrew Henshaw (Herald Sun)[/caption] The prevalent use of combustible cladding throughout the Australian construction industry over the last 15 or so years has presented a number of challenges in recent times. Two fires in Melbourne, most recently on Monday 5 February on Spencer St in the CBD, as well as the deadly Grenfell Tower fire in 2017 which claimed ...

6th Feb 2019

Multiple Owners Corporations and Your Property If you are receiving multiple levy invoices for the same property, it is probably because your property is affected by multiple Owners Corporations. Multiple Owners Corporations are often used within the one development to help owners share costs and responsibilities and are particularly common in buildings with a mix of residential and commercial lots, or developments with multiple buildings or a mix of townhouses and apartments. In ...

5th Feb 2019

Melbourne Apartment Fire Reminds Owners Corporations That Inaction Is Not An Option As the fall-out continues to the latest Melbourne apartment building fire, the inaction and finger-pointing that has plagued the work of the Victorian Government’s Cladding Taskforce has been highlighted once again. Former Victorian premier and co-chairperson of the Cladding Taskforce, Ted Baillieu, revealed that the Spencer St building which caught fire on the morning of February 4, 2019, had been issued ...

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