Management Rights News » NSW Management Rights

Number of news items returned: 1 to 10 records of 41

NSW Short-Term Rental Accommodation Update

23 August 2019

(205 views)

NSW SHORT-TERM RENTAL ACCOMMODATION UPDATE The NSW Government has now issued its new regulatory framework discussion paper and called for final ...

Voting Rights and Conflicts of Interest

23 July 2019

(310 views)

 VOTING RIGHTS AND CONFLICTS OF INTEREST “Am I allowed to vote on this because I’m the building manager?” or “Can I ...

NSW Trust Account Auditing Requirements

26 June 2019

(365 views)

 NSW TRUST ACCOUNT AUDITING REQUIREMENTS The following people must have their trust accounts audited if they received or held trust money ...

The Administrative Fund -v- Capital Works Fund

24 January 2019

(349 views)

 All strata schemes in NSW must establish an administrative fund and a capital works fund (was called a “sinking” fund) ...

Is company title making a comeback?

21 September 2018

(758 views)

Strata laws were first introduced into New South Wales in 1961. This legislation, the Conveyancing (Strata Titles) Act 1961, was ...

Duties And Obligations Of Committee Members

21 August 2018

(791 views)

Committee members are all volunteers and the vast majority are unpaid. The strata legislation (and by laws) in each state provides ...

Some Interesting Strata Statistics!

25 July 2018

(1125 views)

We all are aware that Governments (both State and local) are pushing people into high rise living. Population growth in ...

New short-term holiday letting regulations for NSW

20 June 2018

(967 views)

The NSW Government has announced a new a regulatory framework to govern the short-term holiday letting industry. Short-term holiday letting ...

The Problem With Deeds Of Consent In New South Wales

26 March 2018

(705 views)

Financiers of management rights purchases commonly require the owners corporation to enter into a deed of consent to security (“consent ...

Will The Vacancy Fee For Foreign Owners Have An Impact On Short Term Management Rights?

26 February 2018

(787 views)

Following a series of amendments in November 2017, foreign owners who have applied for FIRB approval after the 9th May ...

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Management Rights News

Number of news items returned: 1 to 15 records of 41

Unit Entitlement in NSW

11 February 2013

(9446 views)

The issue of unit entitlement was recently looked at again as part of the Department of Fair Trading’s Discussion Paper ...

What Managers Need to know about the NSW Child Window Safety Devices Act 2013

17 January 2014

(7365 views)

Resident building managers have general obligations under their Caretaking Agreements to assist Owners Corporations with building and compliance issues. Managers ...

Owners Corporation Insurance - How do we Stop the Spiraling Costs?

12 August 2013

(4967 views)

In NSW, all strata schemes are required to be insured for the full replacement value, as well as public liability ...

"Legal Action", All those in Favour say "Why"

15 July 2013

(4601 views)

I was recently involved in a New South Wales matter where an Executive Committee had received extensive legal advice from ...

Not Getting the Fundamentals Right

15 October 2013

(4258 views)

A recent decision of the NSW Consumer, Trader and Tenancy Tribunal (CTTT) has highlighted the importance of ensuring that the ...

Being Aware of your Rights and Responsibilities

14 January 2013

(4172 views)

Every resident building manager in NSW should have a copy of the booklet issued by the Department of Fair Trading ...

Short-Term Letting, Occupancy Limits And Tenant Representatives In NSW Strata

25 July 2017

(3777 views)

Occupancy Limits By-laws in NSW may limit the number of adult residents in a lot. The limit however cannot be fewer ...

The New Strata Laws for New South Wales

21 November 2013

(3398 views)

The Strata & Community Title Law Reform Position Paper has now been released by the New South Wales Government.  I ...

The New Strata Laws for New South Wales - Part 2

09 December 2013

(3354 views)

In last month's article, I summarised the proposed reforms proposed in the Strata & Community Title Law Reform Position Paper ...

The Law Relating to Management Rights in New South Wales

14 January 2011

(2850 views)

This article looks at restrictions on developers setting up management rights in New South Wales, where it is estimated that ...

Calling Extraordinary General Meetings

22 March 2016

(2201 views)

 Assigning Management Agreements by requisitioning Extraordinary General Meetings The Problem The assignment of Caretaking agreements in NSW must be approved at a ...

Assignment of Management Rights in NSW

07 April 2009

(2190 views)

The assignment of Management Rights is not highly regulated in New South Wales. Accordingly, you have to revert to the ...

What Is “Misconduct” Under A Caretaking Agreement

23 November 2015

(2118 views)

Most Caretaking Agreements allow the Body Corporate to terminate the Agreement if: (a) the Manager is convicted of an indictable offence ...

Developers and NSW Management Rights

21 February 2012

(1959 views)

I continue to scratch my head and wonder why developers in New South Wales are so slow to pick up ...

Fixing Up the Anomalies

17 March 2014

(1822 views)

How silly can the law be? Did you know that the current NSW strata laws require Owners Corporation approval before a ...