Strata with Susan - ACT Government and Strata Reform - Managing Buildings Better
5: ACT Government and Strata Reform - Managing Building Better
What Does It Mean for Unit Owners and Executive Committees?
Susan interviews Bethel Sendaba from ACT Government to cover the following topics on the strata reforms:
The background to implementation;
The hoped for outcomes from ACT Government’s perspective;
Key areas of reform, including:
More information about the process of purchasing a unit off-the-plan;
Disclosure Statement requirements;
Building Management Statements for unique developments with other property owners;
Differing levy apportionment for mixed-use developments;
Water Usage;
Setting your own rules;
Maintenance Obligations; and
Determining what is fair, equitable and sustainable.
Assistance from ACT Government to interpret and tweak where required;
The standardisation of regular process and Government endorsement of same;
Meeting Agendas;
Audit Requirements;
Insurance Claim Issues; and
The Stage Two Strata Reforms.
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