Strata law changes, sliced and diced

FLAT CHAT WRAP

Our deadlines meant we missed the chance to talk about the new strata laws proposed for NSW in last week’s podcast but that has given us time to think about the proposals and what they mean.

For instance, is compulsory training of strata committee members a good or bad thing?

Will fear of having sales contracts rescinded deter developers from using embedded networks to save money and cheat their apartment buyers?

Will heavy fines stop them from underestimating levies to make their apartment sales unrealistically attractive?

Will coming under Australian consumer law mean the end of one-sided strata manager contracts?

We can only touch on a few aspects of the proposed new laws but you can find out more about them HERE … after you have listened to this week’s podcast, of course.

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Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
Find out more about Sue Williams and Jimmy Thomson on their websites.