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ARTICLE · 22 DECEMBER 2015

Renewing the foundations: Reforms to strata laws in NSW

Carroll & O'Dea
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This is a selection of these reforms that may have significant implications on strata schemes and strata law in NSW.

AustraliaReal Estate and Construction
Patricia Monemvasitis
Patricia Monemvasitis
Kim Leontiev
Kim Leontiev
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The NSW Parliament passed two Bills: the Strata Scheme Management Bill 2015 (SSMB) and the Strata Scheme Development Bill 2015 (SSMD), together forming the major reforms to Strata Laws in NSW. Those bills have as of 5 November 2015 received royal consent and are expected to commence in the middle of 2016.

In their combined effect, the bills represent a major shake up of the existing strata system since the original Strata Titles Act was made in 1973 with more than 90 proposed reforms being contained in the bills.

In this article, we look at a hand-picked selection of some of these reforms that may have significant implications on strata schemes in NSW across various aspects of the strata law.

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