Strata Chat

Elias is a Registered Builder and Glen is a Structural Engineer, together we talk about a few important defect and water ingress issues in strata. Elias and Glen detail the types of defects, whether these are different for age or a particular type of scheme using a few examples. We then discuss what should an owner do if they believe they have a defect, specifically whether it should be a building warranty claim or general maintenance.

More and more we are seeing catastrophes are occurring in around the world and Australia, Floods, Storm, Fire and Earthquakes. This is a strong reminder about the importance of adequate insurance cover in case of partial damage or complete devastation to your Strata Scheme. Have a listen to hear a few experts chat about the what, how and why of insurance valuations. If you dont have a listen there here are some top tips!

Today I chat with Con Iconomidis, Director of Customer & Distribution & Natalie James, Underwriter, Strata Community Insurance We will cover the following & more! What drives your insurance premium? Global performance influences the flow of capital, and the cost and availability of insurers in Australia. Simply put - in good times, capital is attracted to the market, availability is abundant, and prices are cheaper. In the not-so-good times, capital is eroded, and it’s hard to attract...

Join me, Elizabeth Florence, Abode Strata as I chat with Town Team Movements Jimmy Murphy & Dean Cracknell & fellow strata manager David Elliott from Smithwick Strata on how to Create Community. Town Team Movements is building a movement of positive ‘doers’, enabling local communities and governments to connect, organise and act to regenerate the fabric of their neighbourhoods and create better places that Inspire, support & connect people. You can find out more; Placemaking in just 12...

Listen in as we chat about Strata Insurance the Product. Previously we discussed how a strata company is a not for profit, unlimited liability legal entity, therefore financially responsible (on behalf of all lot owners), for all the assets such as the building and the land, and all liabilities it may have. Owners in Strata Companies need to be aware that there is no cap on these liabilities, they are exposed to any net liabilities of the strata company up to the full extent of their net...

With the recent catastrophes battling our nation, it's a good time to dig deep and understand your Strata Insurance cover. In this first episode of a series on Strata Insurance, I chat with Strata Community Insurance's Paul Keating Managing Director & Con Iconomidis Director of Customer & Distribution as we delve into the details of The Insurance policy. What is Strata Insurance? Whose responsibility is it to insure? Where does it say this? What do I own? What do I insure? Underinsurance...

Everyone is busy, and at present builders are extremely busy, don’t lose opportunity within the warranty period to formally lodge with the builder. Once the period has lapsed it is extremely difficult to seek a resolution/bring a complaint to the building commission successfully. Prepare a Detailed Report - Include photos, specifics of all warranty issues you are seeking to remediate- concise, factual, succinct. The easier it is for someone to pick up your report and interpret your concerns...

We can all recall the major loss of life and devastation to property with Miami Towers, but how did it start? Lack of maintenance to buildings and what is deemed by owners to be excessive levies. Is the blame game warranted and are these levies excessive? If they are then why? Was this due to lack of maintenance by owners for the last 2, 5, 10 or more years? Are you ensuring your strata scheme is constantly maintaining the property or are you concerned about levies? Educate yourself on...

In this episode we chat again with Mark Atkinson from Atkinson Legal who provides us with a general guide to learning about the major players in strata. Mark has been providing Strata specialist legal advice and services to developers, owners, and Strata companies for the last 26 years. You will learn about the Strata company - a fictional company which consists of the owners of the lots from time to time, so as each owner buys into a lot, they automatically become a member of the strata...

Today I speak with Mark Atkinson from Atkinson Legal about buying into a Strata Property. Mark has been providing Strata specialist legal advice for the last 26 years. Mark assists developers with creating strata schemes, the necessary contracts for the sales of the lots, assists people with strata matters & representation & strata companies who are seeking to despatch or terminate their scheme. Listen in as we chat about why it is best to firstly consider what type of property you want to...

Listen in to Strata Chat, all things strata, helping you to create your own thriving Strata Community. Perrott Painting has a well-known, recognized, and respected multi-generational Painting service provider to residential, commercial, and mixed-use strata schemes and large non strata commercial facilities. Be prepared. Did you know your strata company can enter into a Painting maintenance contract with a Licensed reputable Painter? The following link from Perrott Painting provides you...

Listen to real stories about real people and all things strata in Perth. We hope to inspire you to create your own thriving strata community. Today we speak with Elias Oostveen of Home Integrity, Winner of our Strata Community (SCA) WA 2020 & the 2021 SCA National award for Best Business servicing our industry! The Revised Strata Titles Act reform came into play 2020 this included mandatory 10 Year maintenance plans for 10 Lots and over or have a replacement cost of more than $5...

Today we are speaking with Clay Yarwood, Sales Manager of Perrott Painting. Perrott Painting has a well-known, recognized, and respected multi-generational Painting service provider to residential, commercial, and mixed-use strata schemes. Perrott also provide painting services to many large non strata commercial facilities. Today we discuss the obligations of the strata company, all owners, to repair, maintain & renew and where painting fits into this requirement. We also discuss why we...

Today we are speaking with Phillip Goodes, Phillip has chaired a beautiful apartment complex in the South Perth Peninsula for the last 11 years, since inception The apartments are beautiful, sadly the builder declared bankruptcy in year 3, and as there is no building indemnity warranty Insurance over 3 storeys in WA the warranty repairs to all common areas such as water ingress, pool leaks had to be financed by the owners. Fortunately for the owners of this property, Phillip is a great...

Today we are speaking with Ashleigh Goodchild from SOCO Realty. Ashleigh is an experienced property manager of 25 years, you may have heard of Ashleigh’s Podcast PM Collective https://www.ashleighgoodchild.com.au/podcast Ashleigh and I speak about renting out your strata property! Ashleigh runs us through: 1. Strata Information 2. Management agreement 3. Fees and why the cost 4. Preparation of your property for rent, conformance with safety; RCDs Pool fencing, cracked floor tiles, slip...

Today we are chatting with Susan & Judy about living and owning their own strata unit and their role as the Chairperson and Secretary on the Council of Owners. Both newly retired professionals they now find themselves in roles which they had no idea of previously. They share with us their story of heading up the Council of Owners in a 5 year old, 144 lot scheme of over 3 buildings, including residences, short stay apartments, a licensed roof top restaurant, commercial and retail...