The new NSW strata laws come into effect in November this year. The rub of that new law is the rule which says only 75 per cent of residents need to agree to sell the whole scheme.
AS foreshadowed in THE VOICE, the Strata Schemes (Development) Act 2015 will commence on 30 November 2016. The Strata Schemes Development Act 2015 contains the controversial provision that only 75 per cent of owners in a strata scheme need to agree to sell for the sale to go ahead, overriding the views and interests of up to 25 per cent of owners.
NSW HOUSING wants to make it easier for you to get in touch. Whether you're an existing social housing tenant, on the public housing wait list, or you want to apply for social housing, your options are increasing.
MORE Australians are renting permanently than ever before, but in NSW the laws covering residential tenancies are set up to protect landlords, leaving renters in a risky position with little housing security.
New strata laws will force out owner-occupiers who are unwilling to sell, but the compensation spruiked by the NSW Government is just smoke and mirrors and owner-occupiers will be locked out of the market.