Membership in an owners corporation through owning or purchasing a unit/townhouse in group title shouldn't be about paperwork and worry. It should be about enjoying the benefits of what is still the fastest growing property segment. Community title investment should enable you to relax, and enjoy the really important things in life.
CSTM specialises in the management of group title properties. Our proactive approach to strata management ensures you have the choice to be involved as much or as little as suits your lifestyle in the stewardship of your community title investment.
CSTM has a wealth of experience managing a wide array of owners corp properties under various group title structures. With this blue-chip experience, and combined with our firm focus to stay at the forefront of the latest developments in the strata industry, aligning with CSTM means you can relax and enjoy the rewards of your owners corporation membership.
NSW Government Fair Trading - Strata LivingDownload Now
Responsibilities of the owners corporationDownload Now
Meetings of the owners corporationDownload Now
The NSW Government has recently issued reforms to laws governing the manner in which strata schemes operate. All parties involved in strata management and residency were previously operating under regulations that hadn’t undergone reform since 1973.
It is anticipated that these changes will hold a range of benefits and have a positive effect on strata communities across the state.
In a move to update the safety of residents and provide a more comfortable environment, proposed changes to by-laws have targeted a number of key areas. In particular, the issue of smoke drift that is seen to be a nuisance or hazard has been identified as an area of concern.
The owners corporation will have more power, being able to issue compliance notices to offenders, and seek Tribunal assistance where required.
Given the health concerns arising from second hand smoke exposure, particularly in areas where children may be present, this is seen as a progressive step forward in strata law reform.