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Strata Building Bond Increases to 3%

by Chris | May 15, 2024 | ACT, Building Defects, Legal Alert, News & Publications, Recent News

The Building Legislation Amendment Act 2023 (BLA Act) was passed by the NSW Parliament on 21 November 2023. The BLA Act inter alia amends the Strata Schemes Management Act 2015 (NSW) (SSMA) such that the building bond amount of 2 per cent of the contract price will...

Recent News & Publications

  • Case Note: Craven & Gilks v The Owners – Units Plan No 2839 (Appeal) [2023] ACAT 4
  • Case Note: Cheetham & Ors v The Owners – Units Plan No 503 & Ors (Unit Titles) [2019] ACAT 90
  • Case Note. Leonard & Anor v Michie & Ors (Unit Titles) [2019] ACAT 14
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  • NSW Strata Reforms Taking Effect Soon

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