News & Publications

COVID-19: Levy Contributions at the Time of the Virus

Due to the COVID-19 emergency and to its financial impact on the global economy, a growing number of strata schemes are considering reducing the level of levies to be raised for their administrative and capital works funds.
However, it is important to note that strict procedures are set out in the Strata Schemes Management Act 2015 to determine the amount of levies payable by a strata scheme each year.

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New Tool for Strata Managers and Lot Owners – “Do I Need A By-Law?”

This was developed as strata managers and our strata team had been receiving calls and emails from lot owners who did not know when a by-law was required. This tool, should we hope, simplify the matter.

One question that it does not answer, is whether a reverse cycle air conditioning unit needs a by-law.
The answer is – it depends. If the condenser unit can be seen from outside the lot then section 110(7) of the Strata Schemes Management Act 2015 means that it is not a ‘minor renovation’ and a by-law is required.

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Levies: can contributions be varied?

Each year an owners corporation prepares a budget in anticipation of the funds they need to raise in order to cover the expenses of the administration of the owners corporation and funds to maintain the common property, see section 79 of the Strata Schemes Management Act 2015. The owners corporation must levy on lot owners contributions in shares proportional to the unit entitlement of the lot owners’ respective lots. This obligation, which is pursuant to section 83(2) of the Act, is strict, and parties cannot contract out (i.e. make an agreement) of this obligation because it is a statutory obligation. However, there is scope to vary this in three very limited ways

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Short-Term Rental Accommodation

The NSW government has taken the view that short-term rental accommodation (STRA) can result in economic benefits, such benefits must be balanced against the associated impacts to neighbouring owners or communities caused by the inconsiderate or anti-social behaviour of guests under STRA arrangements.

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