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New Strata Renewal Process Soon To Take Effect Under Part 10 Strata Schemes Development Act 2015 Property & Projects
7 November, 2016

New Strata Renewal Process Soon To Take Effect Under Part 10 Strata Schemes Development Act 2015

Part 10 of the Strata Schemes Development Act 2015 (Act) prescribes a process for strata renewal. Part 10 commenced on 30 November 2016. The Part 10 process enables the owners in a strata scheme to seek a Court order for one of 2 options: the “collective sale” of all apartments…
Victoria Caldwell
Loose Lips Sink Ships – Representations During Negotiations CommercialConstructionProperty & Projects
27 September, 2016

Loose Lips Sink Ships – Representations During Negotiations

Crown Melbourne Ltd v Cosmopolitan Hotel (Vic) Pty Ltd HCA 26This Victorian case illustrates the problem with talking loosely during negotiations.The case worked its way from the Victorian Civil & Administrative Tribunal (VCAT), through the Victorian Court of Appeal and finally to the full bench of the High Court.The FactsThe…
Victoria Caldwell
New strata building bond scheme is set to commence 1 July 2017 ConstructionProperty & Projects
11 July, 2016

New strata building bond scheme is set to commence 1 July 2017

 What is the Building Bond Scheme? The building bond scheme is a regime whereby developers of residential strata schemes have to: lodge a bond with the Department of Finance, Services and Innovation (DFSI); and arrange for defects inspections within the strata scheme after completion of the building work. Does the…
Victoria Caldwell