Property industry news
14 November 2013
Release of strata title law reforms position paper
Following more than two years of consultation with the community and industry representatives, Fair Trading today released a position paper setting out the NSW Government’s reforms of the strata title laws.
The Strata and Community Title Law Reform Position Paper highlights 70 proposed changes to the current laws.
These reforms focus on improving the everyday things that people living in strata care about, including building a culture of community and cooperation and supporting democratic and accountable decision-making. Importantly, the reforms also seek to empower strata communities to chart their own future.
The reforms follow an extensive consultation process which attracted more than 1,200 online comments and 1,900 written submissions.
For more information on the review and to download the position paper, go to the Reform of the strata and community scheme lawspage on the Fair Trading website.
For more information please contact Ray White Real Estate Narraweena 9984 7100