Thursday, September 18, 2014

Renewing the discussion of Strata

We've discussed the proposed changes to strata schemes law in NSW a few times in the last 18 months. One of the most controversial elements has been changes to how a strata scheme can be 'renewed' - a euphemistic term for being sold off and rebuilt. We have written particularly about the need to consider the impact on vulnerable residents of strata schemes.

While the strata reforms themselves are on hold at the moment, they are still very much live issues. UNSW's City Futures Research Centre is conducting a survey of tenants and owners in strata to gain a better idea of the residents thoughts, concerns, and hopes if their strata scheme were to be one that attracted the attention of a developer looking to 'renew' the place.

If you are in NSW, over 18 and a tenant in a scheme that was registered in before 1990 we encourage you to consider completing the survey

For more information about the both the survey and City Futures, you can visit their website here:

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