Author: Lia de Sousa

Many strata rental property owners have expectations that Strata Insurance will insure them for events occurring inside their apartment – this is not the case! If you own and lease a property, it is essential to take out Landlord Insurance to cover your fixtures and fittings, rent default and public liability for inside your apartment….

Owners Corporation (OC) Committees are within their rights to proceed with litigation against their Strata Manager for a breach of professional duty if they believe the professional services provided are directly responsible for a financial loss incurred by the Owners Corporation. While the breach may merely be an error in judgement or an oversight, Strata…

The role of a Strata Manager is continually increasing in complexity and responsibility. Below we address some key challenges affecting properties that can also impact the Strata Insurance – asbestos, non-compliant cladding, and property defects. Unfortunately the frequency Strata Managers are faced with these issues is growing, and none are a problem that can be…

With the most significant Strata Law Reform* package in decades passing the NSW Parliament, it is essential that as a Strata Manager, you understand how these changes are going to impact the duties and obligations you have to your clients come November 30, 2016. While many of the new laws affecting Strata Managers relate to…

Are there unknown contents being stored in garages on your strata? While a resident could be storing a friend’s business stock as a favour, if the contents are unknown they could pose a hazard and potentially lead to an uninsurable claim. An interesting query regarding unknown business stock being kept in the garage of a…

Running a small business out of a residential strata unit may cause major issues in relation to insurance. Not only can it increase the risk of a public liability claim, but it can also change the property classification from residential strata to commercial strata. A change in property classification almost always results in an increased…

If you are a Whitbread Authorised Representative (AR) you’d know that we are continually carrying out audits to ensure you understand and meet your obligations while operating under the Whitbread Australian Financial Services License (AFSL). We are happy to share that after our recent audits, most of our ARs are doing a fantastic job! If…

What is Strata Insurance and what does it cover you for? We answer the most common questions we get asked about Strata Insurance every day. 1. What is Strata Insurance? Strata Insurance is designed to protect you and your property as a lot owner. It provides general insurance cover for common property under the management…