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We've got 155,119 buildings and 1,712,713 homes in New South Wales.
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Owner claimed their home
Maroubra - today
Owner claimed their home
Maroubra - today
Owner claimed their home
Waterloo - today
Asked a question about their owners corporation
Waterloo - today
Owner claimed their home
Southbank - today
Tenant claimed their home
Frankton, Hamilton - yesterday
Owner claimed their home
Maroubra - today
Owner claimed their home
Maroubra - today
Owner claimed their home
Waterloo - today
Asked a question about their owners corporation
Waterloo - today
Owner claimed their home
Southbank - today
Tenant claimed their home
Frankton, Hamilton - yesterday
Strata schemes in New South Wales are run by their owners corporation under the Strata Schemes Management Act 2015. The Act lets owners run their own scheme at any size: there is no requirement to appoint a strata managing agent, though a large scheme of more than 100 lots carries extra obligations such as an annual audit. The strata committee is elected at each AGM, and every scheme keeps a 10-year capital works fund plan. Quarter holds what a manager would otherwise hold: levies and the capital works fund, the records and by-laws, notices and minutes for meetings, and an assistant that answers owners' questions from your own documents and the Act.
We've got 155,119 buildings and 1,712,713 homes in New South Wales.
No. The Strata Schemes Management Act 2015 lets an owners corporation run itself at any size, through its strata committee. A large scheme, with more than 100 lots, keeps more paperwork, including an annual audit, but is still not required to appoint a strata managing agent.
It starts with SP and is on your levy notice and your title. NSW Land Registry Services and the NSW Strata Hub can look it up by address, and where the register holds it, your building's page on Quarter shows it.
Day-to-day decisions, within what the owners corporation has left to it. Some matters are kept for a general meeting: setting the budget and levies, making or changing by-laws, and anything that needs a special resolution. The owners can also overturn a committee decision at a general meeting.
Base fees run $200 to $450 a lot a year, with minimum fees of $3,000 to $5,000 for a small building. Disbursements, commissions and extra meetings add about 20% to 50% on top. Quarter self-managed is $12 a lot a month for the first 50 lots, $8 for the next 50 and $5 after that, with the first 30 days free.