Too often we see the attitude of apartment owners of “I’ve bought into an apartment block and there should be nothing to do insofar as maintenance”. Do owners of houses have the same perception? I think house owners understand they will have to undertake continual maintenance on their house to ensure it stays in good condition.
So why do apartment owners, in many cases, have their head in the sand that a unit complex won’t require maintenance?
In most cases, it is a lack of education when owners buy into a strata scheme. In many cases, there are issues that affect only one, two or three owners with the remaining unit owners thinking “well it’s not my issue” and “why should I have to pay for them?”.
The reality is that common property issues may have to be paid for by all owners, (generally speaking and ignoring things like the benefit principle).
Read on for the 5 costly mistakes to avoid...