When was the last time the by-laws in your building were reviewed?
For most, it was when the legislation mandated the review in 2016 following the commencement of the Strata Schemes Management Act 2015 (NSW).
That was 10 years ago – time flies when you’re having fun!
The recent strata reforms have changed the way strata schemes are managed. On top of that NCAT has passed numerous decisions which have further fine-tuned an owners corporation’s responsibility. As a result, by-laws that were once compliant may no longer reflect current legal requirements.
Think pets by-laws, short term accommodation by-laws, cost recovery by-laws and of course, renovation by-laws.
Recent by-law reviews carried out by Vinc Legal have identified:
The list goes on and on….
If the by-laws in your building have not been reviewed in a decade, we highly recommend speaking to us to ensure that they remain current, enforceable and compliant with the law.
A proactive review now can help minimise future disputes, reduce the risk of litigation and ensure your scheme is operating effectively and efficiently.
Ask us about our fixed fee by-law review structure to ensure that your scheme only pays for the work completed.
If your scheme’s Annual General Meeting is approaching, now is the ideal time to include a motion to review your by-laws.
Get in touch with Vinc Legal today for specialist Strata Law advice!
Strata Law is a niche area, this is why choosing a strata specialist law firm is vital for obtaining cost-effective advice and resolution of your legal problems.
If you have questions about strata law or need assistance with a specific issue, please do not hesitate to reach out. We are here to help you every step of the way.
Alternatively, you can fill out the form below, and we will get back to you as soon as possible.