What Happens If the Scheme Runs Out of Funds?
A Detailed Guide for NSW Self-Managed Strata Schemes A strata scheme running out of funds is one of the most serious financial problems a committee can face. It affects: insurance coverage urgent and essential repairs fire safety and compliance contractor payments arrears management legal and financial risk For self-managed schemes, a cash shortfall can easily […]
Can the Committee Stop an Airbnb or Short-Term Rental?
A Detailed Guide for NSW Self-Managed Strata Schemes Short-term letting through platforms like Airbnb, Stayz and Booking.com is one of the most common issues faced by strata committees. It affects: building security noise and behaviour insurance exposure use of common property planning compliance enforcement of by-laws For self-managed schemes, misunderstanding the rules can lead to […]
What’s the Process for Making or Changing a By-Law?
A Detailed Guide for NSW Self-Managed Strata Schemes By-laws are one of the most powerful tools available to a strata scheme. They control behaviour, manage building use, regulate renovations, set pet conditions, and help the committee deal with issues quickly and fairly. But many self-managed schemes are unsure about the proper legal process for creating, […]
Can the Committee Approve Invoices Without a Meeting?
A Detailed Guide for NSW Self-Managed Strata Schemes Approving invoices is one of the most routine tasks for a strata committee, but many self-managed schemes aren’t sure whether a formal meeting is required every time a bill arrives. In practice, committees can usually approve invoices without holding a meeting — but only if a proper […]
What’s the Difference Between an AGM and a Strata Committee Meeting?
A Detailed Guide for NSW Self-Managed Strata Schemes Running a strata scheme means making decisions—large and small—through formal meetings. But many self-managed committees are unsure when a matter should go to the Annual General Meeting (AGM) and when a Strata Committee Meeting is enough. Both meetings play essential roles, but they serve very different purposes […]
What Happens If an Owner Doesn’t Pay Their Levies?
A Detailed Guide for NSW Self-Managed Strata Schemes Levies are the financial backbone of every strata scheme. Without contributions coming in on time, the Owners Corporation cannot pay insurance premiums, maintenance invoices, compliance contractors, utilities, or long-term capital works. But what exactly happens when an owner stops paying? What are the legal steps? How quickly […]
How Do You Prepare a Strata Budget Without a Manager?
A Detailed Guide for NSW Self-Managed Strata Schemes Preparing a strata budget is one of the most important responsibilities of an Owners Corporation. Without a strata manager, the process can feel unfamiliar — but when you follow a clear structure, budgeting becomes straightforward, compliant, and predictable. A well-prepared budget keeps your scheme financially healthy, avoids […]
Are Windows Common Property or Lot Property?
A Detailed Guide for NSW Self-Managed Strata Schemes Windows are one of the most misunderstood components in a strata scheme. When leaks, corrosion, drafts, cracks, or replacement questions arise, committees often struggle to determine who is responsible — the lot owner or the Owners Corporation. In NSW, the rules are far clearer than most people […]
What Is Common Property and Who Maintains It?
A Detailed Guide for NSW Self-Managed Strata Schemes Understanding what is — and isn’t — common property is one of the most important responsibilities of a strata committee. It affects: who pays for repairs who must maintain structural and safety items insurance coverage renovation approvals compliance obligations dispute resolution For self-managed schemes, getting this wrong […]