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Strata laws and changes

Discussion in 'Property Management' started by larrylarry, 17th Jul, 2015.

  1. larrylarry

    larrylarry Well-Known Member

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  2. pully

    pully Member

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    security of tenure for owner occupiers would be a factor for some. no one would like to be forced to sell and move. often the value is in the land so can see why developers want it.
     
  3. larrylarry

    larrylarry Well-Known Member

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  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Terry_w likes this.
  5. Pumpkin

    Pumpkin Well-Known Member

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    Illegal brothels thriving in $300m Haymarket development The QuayWonder whether it has something to do with this? :rolleyes:

    Not so long ago Queensland is the leader in Strata & Body Corporate industry, mainly attributed to Gold Coast. Looks like NSW is taking over.

    Still baffles me that Strata / Body Corporate Managers are not regulated. The amounts they are handling are huge but not even required to hold a Trust Account.
     
  6. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    "The proliferation of sex workers has some owners concerned about the value of their apartments. But the City of Sydney Council says as long as there are only two sex workers per room, in line with NSW law, there’s no problem." OMG!
     
  7. Ted Varrick

    Ted Varrick Well-Known Member

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    Gockie, I dont want to state the bleeding obvious, but there's a lot of rooms in those 20+ storey buildings that are being built left, right and centre all over Sydney.

    Which, if nothing else, could lead to NCAT suffering some constipation (and I mean that in the nicest possible way...) with many Bylaw 1 noise complaints from other owners in said buildings.

    Not to mention lack of BAS submissions to the ATO for GST remittances...