Skip to content
Property Real Estate

??Fees and bonds to keep pets in strata banned under new legislation?

NSW Fair Trading 2 mins read

The NSW Government has introduced 31 reforms to make it easier for people and their pets to live in a strata community or a community land scheme. 

The Strata Legislation Amendment Bill 2023 (the Bill) will immediately benefit residents and owners and includes important changes to how strata communities operate and increases transparency of strata and association committees. 

Strata residents can now keep their pet at home with the peace of mind they cannot be charged a fee, bond or insurance by an owner's corporation for this right. It is also now easier for people with assistance animals to prove to an owner’s corporation their animal’s assistance status. 

The Bill also delivers a more transparent strata renewal process by expanding requirements to disclose conflicts of interest, closing loopholes that have been open to manipulation.  

Owners will have to disclose whether they have a pecuniary or other interest in the strata renewal proposal, including when the owner is related to the proposed purchaser of the strata building, or has made a competing offer to buy the building. 

Strata and association committees are critical to creating a liveable community and oversee budget, funds and building insurance, record keeping and resolve issues and disputes. These committees are made up of representatives chosen by owners in the strata scheme. 

The Bill tightens controls on strata and association committee members, like lowering voting thresholds for removing members and restricting when removed members can re-serve. 

Other changes include requiring at least two quotes for proposed work costing more than $30,000 and allowing an owner's corporation to require levy payments in fourteen days for emergency repairs. 

The Bill was consulted on by many organisations and experts including Animal Care Australia, the Strata Community Association, Tenants Union NSW, and the Owners Corporation Network.  

 

Quotes to be attributed to Strata and Property Services Commissioner John Minns: 

More than one million people live in strata communities in NSW. With 50 per cent of Greater Sydney residents expected to live in a strata complex by 2040, it is important we get these changes made now to provide residents with security for themselves and their furry friends.  

“The new Bill makes important changes for residents and clarifies rules and requirements for owners and committees. 

“Owners, renters, and organisations called for change, and we are listening.  

“The benefits of these reforms should be felt immediately.” 

 


Contact details:

MEDIA: media@customerservice.nsw.gov.au | 0438 108 797

Media

More from this category

  • Government WA, Property Real Estate
  • 27/02/2024
  • 16:13
Shelter WA

***MEDIA ALERT*** Surging demand for homelessness services in WA

***MEDIA ALERT*** Press conference: Surging demand for homelessness services in WA New analysis by Shelter WA reveals demand for homelessness services is soaring as the housing crisis impacts people right across the state. In the first of a series of pre-budget asks, Shelter WA is calling on the State Government to boost funding for homelessness services and invest in rapid accommodation solutions to end rough sleeping. A press conference will be held with: Shelter WA CEO Kath Snell Uniting WA co-CEO Michael Chester WHEN: Wednesday 28 February, 10.30am sharp WHERE: Marri Room, The Platform, Level 3, 256 Adelaide Terrace, Perth…

  • Environment, Property Real Estate
  • 26/02/2024
  • 08:19
Clipsal by Schneider Electric

Rooms worth renovating: how to add the most value to your home

Renovating can be time consuming and expensive, particularly when you’re attempting a whole home upgrade. Coupled with rising interest rates, it can leave a hefty hole in your pocket. However, there are clever ways to get the most out of your renovation without breaking the bank. Investing in the most crucial rooms in the home is one of the easiest ways to get the most bang for your buck. “You don’t need to spend big to see a transformation. It’s all about thinking strategically to highlight rooms that, when revamped with functionality in mind, have the power to elevate a…

  • Property Real Estate
  • 26/02/2024
  • 07:45
Abodely

Study Reveals Sydney’s Top Spots for Real Estate Agents in 2024

Study Reveals Sydney’s Top Spots for Real Estate Agents in 2024 New analysis by Abodely has found Strathfield, Parramatta, and the Hills Shire are…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.