Over the next 10 weeks we’ll be looking at the revisions to NSW’s model by-laws, which come into force on November 30 2016. They won’t automatically affect existing owners, but it’s a great time to consider updating your strata scheme’s by-laws to take advantage of the changes.
One of the greatest challenges in strata is in the proximity of its residents. If an owners decides to change the way they use their property, for instance turning their property into a store or restaurant, it can impact individuals and the scheme at large through increased traffic and insurance premiums.
What can the model by-laws do about this?
Continue reading “New Model By-law Series #5 – Changes in Use” →