Are you really protected?

Are you really protected?

Strata, also known as strata title, allows for individual ownership of part of a property called a ‘lot’. A lot can be an individual apartment, unit or townhouse. A strata-titled property owner, as well as owning the lot, also shares ownership of common property –...
Lot Owners Obligations to Maintain Their Lot

Lot Owners Obligations to Maintain Their Lot

As most owners would be aware, the Body Corporate has an obligation under the Body Corporate and Community Management Act and associated Regulation Modules to maintain common property. However, owners also have an obligation to maintain their lot, which in many cases...
Commissioner’s Desk: What about water damage?

Commissioner’s Desk: What about water damage?

Taking into account the number of calls we receive on the issue, water damage is a hot topic for lot owners and bodies corporate. In doing a bit of basic research for this article, I came to understand that in Australia, water damage insurance claims are a big part of...