Fair Trading NSW has released an updated version of their popular Strata Living Guide.
Described as the ‘Essential Guide to Living in Strata’. The guide is free for anyone to download and details everything from ‘What is strata?’ through to the steps required to resolve a dispute.
The guide is an easy-to-use reference point and a must-read for anyone looking to own or live in strata for the first time.
You can download the guide here – Strata Living Guide
The guide covers topics including:
- The basics of strata
- Common property and the property you own
- Key people and roles in managing strata
- Financial obligations
- How by-laws work
- Meetings and reporting
- Repairs and maintenance of the building
- Renovating your property
- Resolving disputes
A complementary resource to the Strata Living Guide is SCA (NSW)’s ‘Who’s Responsible Guide’, a guide to common property in strata. Which is available for download here – SCA (NSW) Who’s Responsible guide.
The Guide provides a comprehensive list of items found within a building that could generally be considered common property. It aims to give some guidance on who usually would be responsible for giving that item attention.