Columns » Owners Corporation Law

Here today, and gone tomorrow

Here today, and gone tomorrow

June 25th, 2024 - Tom Bacon

More builders and developers will choose to “go bust” instead of being held accountable to owners’ corporations (OCs) for dodgy building defects.

Latest

Renewing an owners’ corporation’s policy of insurance just got harder

May 29th, 2024 - Tom Bacon

It is compulsory under the Owners’ Corporation Act 2006 for a strata building with areas of common property to have a policy of insurance for reinstatement and replacement, and must hold a policy for public liability insurance as well, for a minimum of $20 million.

Read More

Keeping watch on your property manager

May 1st, 2024 - Tom Bacon

Choosing the right property manager for your investment property is essential, and a vigilant eye needs to be kept on them too.

Read More

Building dispute resolution centre not in the business of resolving disputes lately

March 27th, 2024 - Tom Bacon

Domestic Building Dispute Resolution Victoria (DBDRV) was set up by the state government to provide homeowners with access to a free service to resolve building disputes without having to first go to the courts or tribunals and endure the high costs and long-time frames associated with those jurisdictions.

Read More

Are you a new unit owner? Make sure you attend the first annual general meeting

February 28th, 2024 - Tom Bacon

For a long time in Victoria, it was a common practice for the developer of residential towers to ensure that they arranged their affairs to benefit them before they settled on the lots and handed over control of the owners’ corporation (OC) to lot owners.

Read More

Embedded networks review by Victorian Government not comprehensive enough

January 31st, 2024 - Tom Bacon

The Victorian Government announced back in October 2018 an election commitment to ban embedded networks in new residential apartment buildings, with appropriate exemptions for buildings that use renewable energy microgrids to deliver low-cost renewable energy to apartment buildings.

Read More

Got a remedial works contract coming up? Who’s the super?

November 29th, 2023 - Tom Bacon

During COVID, a number of owners’ corporations (OCs) deferred major remedial works projects that were due to be undertaken.

Read More

VCAT determines that monies paid by an insurer to an OC for a lot owner’s claim are held “on trust”

November 1st, 2023 - Tom Bacon

A VCAT decision released last month confirmed the position that any lot owner in a building may file a claim against the owners’ corporation’s (OC’s) policy of insurance.

Read More

Victoria’s new “Airbnb tax” only benefits Airbnb, and once again unit owners lose out

September 27th, 2023 - Tom Bacon

The Victorian Labor Government has announced a new 7.5 per cent tax on short-stay accommodation, being the first and only Australian state to do so.

Read More

When an owners’ corporation needs to access someone’s apartment

August 30th, 2023 - Tom Bacon

Lot owners and tenants need to be aware that an owners’ corporation (OC) has a lawful right to serve a notice to gain entry to private apartments, in order to carry out repairs, maintenance and other remedial works.

Read More
A box of chocolates

A box of chocolates

May 31st, 2016 - Docklands News
Join Our Facebook Group