Our purpose is to provide you with the latest strata news and events, a comprehensive industry supplier portal and the best educational tools on the market so that you can make informed decisions and adopt best practice body corporate standards. 

 

Welcome Back and Happy New Year!

 

As we settle into 2025, adjusting to writing the new date and getting back into the rhythm of the year, the team at Smart Strata is following tradition by reflecting on our most-read updates from 2024.

 

Last year was packed with significant developments—from the release of the Strata Community Association’s 'Strata Insurance Disclosure Best Practice Guide' to in-depth discussions on insurance affordability and accountability, led by the Australian Reinsurance Pool Corporation. With no shortage of hot topics, our updates were read an impressive 682,945 times throughout the year!

 

Now, let’s count down our Top 10 most-read updates of 2024, providing a brief recap of each...

Ensuring body corporate levies are paid on time is an important aspect of community living. The payment of levies allows all owners and occupiers to enjoy and use well maintained common property and have money available to pay contractors and insurance. Sufficient levies allows all owners peace of mind that when expenditure by the body corporate is needed, there are enough funds to complete the work without the need to dip into their pockets all the time to top up the funds.

This article covers the importance of paying levies, as well as what could happen if lot owners do not pay. It also provides information about the potential disputes that could be resolved through our office in relation to body corporate levies...

Calling All Body Corporate Owners!

 

So far, 130 Committee Course Challenges have been completed – a fantastic result! Thank you to everyone who has participated.

 

We’ve designed a quick and engaging multiple-choice quiz following a simple, one-page breakdown of Committee roles and responsibilities. It’s an easy way to test your knowledge and learn more about how Committees contribute to a well-oiled and well-informed Strata scheme.

 

Don’t miss out! The challenge is closing soon...

Almost every topic possible that is related to Strata is featured in our article library.  Use the search tool to find articles of interest.  Here are the last seven articles published:

Merry Christmas! – By Smart Strata

Does Human Rights Legislation Apply to Strata? – By Grace Lawyers

Win the Committee Course Challenge! – By Smart Strata

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This week's Strata Update is brought to you by:

 

Thank you to our Foundation Partners who make Smart Strata possible: