The impending strata law reform bill for NSW includes provisions around compliance and performance issues for strata managers.
A key item within the bill requires the managing agent of a strata plan to disclose at each annual general meeting the circumstances, amount and services provided in respect of any commissions received during the previous 12 months.
Another proposed reform requires the managing agent to obtain a minimum of three quotes when sourcing products and suppliers for the strata plan such as insurance.
Contact our friendly staff at the below convenient locations to start enjoying the rewards of strata investment now.
Newcastle 1/22 Portside Cres
Wickham NSW 2293
Port Stephens 5/63 Donald Street
Nelson Bay 2315
Central Coast 6/19 Reliance Dr
Tuggerah NSW 2259
Level 1, 72 The Esplanade
Terrigal NSW 2260
Suite 4, 17 Thomas Street
Noosaville QLD 4566