fbpx
i

All members of our Strata Manager Chapter are ‘PROFESSIONAL STRATA MANAGERS’.

SCA (NSW) strives to ensure that all strata manager members are able to deliver

services to the public that are of the highest professional and ethical standard.

Loading Events

« All Events

  • This event has passed.

Elective – Underinsurance in Strata – Are you protected?(1 Hour)

March 23, 2021 @ 8:00 am - March 22, 2022 @ 11:59 pm

$35.00

Licence Class: Class 1, Class 2
CPD Allocation: 1 Hour
CPD Category: Elective
CPD Learning Area: Property Transaction & Legal Requirements

Method of Delivery: This is a Webinar (On-Demand), available to be watched and the assessment completed at your convenience, on the SCA e-Learning Platform any time before the end of the CPD Year (23 March 2021 – 22 March 2022).

Course Format:

  • Recorded Webinar
  • Online Assessment

Presenter:

  • Steven Tchepak, CHU

Topic Overview:

  • Replacement value: OC legal obligation to insure
  • Importance of valuations
  • Questions for the valuer; particularly if building sum insured reduced
  • All parties must exercise duty of care
  • Potential legal exposures: OBL or Strata manager if not referred to the OC for approval
  • Partial loss vs total loss; no averaging clauses in residential strata insurance
  • Unlimited legal liability, if shortfall in sum insured and a total loss
  • Common property vs personal property; L&C for personal property and liability within the lot

Learning Outcomes: 

Participants will gain an understanding of the legal obligations to ensure strata title properties, whose responsibility this is and how to identify and minimise any risks and/or legal exposure.

Assessment Delivery and Certificates 

Assessments are multiple-choice. Access to assessments is provided to students on the SCA e-Learning Platform.

Upon successful completion of assessments, students will receive their Certificates via email, and can download them from the SCA e-Learning Platform at their convenience.

Education Terms and Conditions can be found in our Education Handbook.

Other

CPD Category
Elective
Method of Delivery
Webinar (On-Demand)
CPD Learning Area
Property Transaction Legal requirements
Licence Class
Class 1, Class 2