Property and Strata Reform
NSW Land and Environment Court makes Important Findings Relating to Strata Renewal Proceedings
Project Lawyers, acting for the applicant in the recent decision of The Owners - Strata Plan 49574 v Scorpio Holdings (Aust) Pty Ltd & Ors [2018] NSWLEC 54, successfully obtained orders from the Court requiring a respondent (dissenting lot owner) in strata renewal...
Tips and Traps for Developers and Builders – The Building Bond Scheme in the Strata Schemes Management Act 2015 (NSW)
Recent building bond changes to strata legislation in NSW, due to commence on 1 January 2018, will require Developers to pay a compulsory building bond to the NSW OFT prior to obtaining any occupation certificate (whether interim or final), for potential building...
New Possibilities for Owners and Developers – The Introduction of Strata Renewal in NSW
One of the perennial challenges in redeveloping aging and under-utilised strata development sites in NSW has been the requirement to secure unanimous agreement of the lot owners. That threshold requirement has proven to be exceedingly difficult to meet, except in...