Things you should know before buying an apartment - Strata Community Association (NSW)

The Strata Living Guide will assist you with valuable information about owning a strata apartment.

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Three years on from London’s Grenfell fire in 2017 which tragically claimed the lives of 72 people, exposing the dangers of flammable cladding and exposing an alarming number of buildings in NSW with the dangerous cladding; apartment owners In New South Wales today have financial support from the state.

The State Government has unveiled - at today’s state budget - a $1 billion government program aimed at helping assist the cladding crisis.

Apartment owners forced to replace flammable cladding on high-rise buildings across NSW will be able to access interest-free loans as part of the program over the next three years; which also includes $139 million to establish and offer technical support to owners for the remediation of at-risk buildings.

Find out more....

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On Wednesday, 11 November 2020, the NSW Government approved the extension of the COVID-19 emergency provisions passed by the NSW Parliament amending the Strata Schemes Management Act 2015 and the Community Land Management Act 1989.

The Government has extended these provisions for the maximum allowable period up to Thursday, 13 May 2021.

The Government has also renewed the existing emergency regulations for both strata and community lands up to 13 May 2021. These regulations continue as currently drafted and no changes have been made.

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