Understanding the Initial Period
The initial period When a strata scheme is first established, it goes through an important phase known as the “initial period.” During this time, specific rules and restrictions apply to protect the interests of future owners. This article explains the key aspects of strata scheme formation and what happens during and after the initial period. […]
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Understanding Strata Levies:
What Impacts Costs?
Strata levies are essential to property ownership in multi-unit complexes, funding everything from routine maintenance to major repairs. But what exactly determines how much you’ll pay? Contrary to common misunderstanding, strata managers often have limited control over levy amounts. Two significant factors that heavily impact levies are building design; the architectural and engineering choices made […]
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What is iCIRT?
iCIRT-ratings help homebuyers choose trustworthy building professionals The Independent Construction Industry Rating Tool (iCIRT) is a new industry-led market surveillance tool using a star-rating methodology, allowing consumers to confidently choose building professionals. iCIRT offers an objective and independent assessment of businesses across six categories: Capability, Conduct, Character, Capacity, Capital, and Counterparties. Each criterion has several […]
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