Understanding Strata Property Part 2
Last month we looked into the history of strata units, this month we will touch on some of the changes made in 2016 to NSW Strata Laws. As a quarter of NSW’s population live in, owns or manages strata property it is worth being aware of the changes. There have been up to 90 changes the ones that caught my eye are:
• For owners to sell the strata block to de- velopers only 75% of owners are required to vote for a proposal rather than the old model which allowed only one dissenting owner stopping development.
- The new “model” by-laws are more pet friendly.
- Owner’s corporations will be able to clamp down on problem car parking, being able to make arrangements with local council parking rangers to patrol their car parks.
- Owner’s corporations will be able to move cars parked illegally on common property to a place where parking is allowed.
- Smoke from smoking has been defined as a nuisance, it will be easier for resi- dents to make a complaint about smoke drift from another apartment.
- Owner corporations will be able to pass by-laws setting maximum limits on the number of people living in a unit to pre- vent overcrowding, no more units with 20 students living in them.
The laws will bring strata living into the 21st century allowing owners and residents to deal with modern problems whilst giving owners more freedom to develop their prop- erties avoiding the historical restrictions caused by only one or two residents who re- fused to agree with the majority of owners.
Remember Peacockes for any legal need or query. Contact Geoff Yeo on 0448673924.