As part of the NSW Government’s push to improve owner understanding of strata living, NSW Fair Trading this week launched its Strata Building Health Check campaign.
The NSW Fair Trading campaign provides practical information, including a Strata Building Health Check step-by-step guide, to upskill owners and ensure they understand their responsibilities and the implications when repairs and maintenance are lacking.
Take me to the Strata Building Repairs Health Check.
The Health Check gets Strata Owners Corporations to focus on 6 key areas:
- Reporting Repairs
- Owner/Resident’s understanding of reporting Repairs and Maintenance.
- Planning Ahead
- Are Repairs and Maintenance regularly discussed at meetings?
- Keeping Plans Current
- Reviewing the Capital Works Fund Plan.
- Fund Repairs and Maintenance
- Is there enough money in the Capital Works Fund?
- Getting Expert Help
- Are you hiring licensed professional to repair and maintain your property?
- Insurance Cover
- Ensuring up-to-date insurance valuations.
For Strata Managers:
NSW Fair Trading is encouraging Strata Managers to share the Health Check with the strata schemes their managing.
When sharing the campaign link with strata communities, strata managing agents may also wish to do the following:
- Clarify the process for raising common property repair and maintenance requests.
- Remind owners of the need to raise strata repairs and maintenance requests in a timely way, when they become aware of these.
- Refer owners to their scheme’s 10-year capital works fund plan and strata correspondence for details about repairs being undertaken and planned for future years.
