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ARTICLE · 13 DECEMBER 2017

Get ready for the new NSW Strata Defects Regime

Clayton Utz
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New NSW Strata Defects Regime will have short and long term effects on developers so they should be getting ready now.

AustraliaReal Estate and Construction
Lina Fischer
Lina Fischer
Khash Kamali
Khash Kamali
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The new Strata Defects Regime will have short- and long-term effects on developers, and they should be getting ready now.

New South Wales' new Strata Defects Regime established under the Strata Schemes Management Act 2016 is about to commence on 1 January 2018, and with the release of the Strata Schemes Management Regulations 2016 developers have more clarity about their various obligations under the scheme.

Developers and builders will need to familiarise themselves with their new obligations to avoid fines and the risk of delays in receiving an occupation certificate, and ensure that any contracts in negotiation but not signed before 1 January 2018 reflect them.

The new Strata Defects Regime at a glance

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