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Paddocks Press – April 2010

27 May 2010

Paddocks Press is a monthly free digital newsletter published to educate and update the sectional title community. The issue (Volume 5, Issue 4) has a number of articles of interest, including:

A landmark year
Graham Paddock writes that it iss likely that the Sectional Titles Amendment Bill, the Sectional Titles Schemes Management Bill and the Community Scheme Ombud Service Bill that were published for public comment in 2009 will be passed into law simultaneously this year.

Exclusive use rights - Biff Lewis
A look at the role of the land surveyor
There are two options open to developers and owners for creating exclusive use rights for particular areas of common property. Exclusive use areas (EUAs) are areas other than your sectional unit that are additional "nice to haves", such as stores, garages, parking bays, gardens, etc.

In this article, Biff looks at the role of the professional land surveyor with regard to exclusive use rights

Maintenance - Rob Paddock (Rob the Builder)
Water wasters
If you live in a sectional title scheme, you can give yourself a pat on the back. By choosing to live at a higher density, nine times out of ten you waste far less water per person than your average home in the suburbs.
In this article, Rob provides us with helpful tips on conserving water when it comes to the big water wasters - gardens and toilets.

Geyser insurance -
The geyser has become one of the biggest challenges for insurers, underwriting managers and trustees wishing to manage their premiums. We are told that roughly 70% of all claims are geyser related - in other words, repairs, replacement and damage resulting from leaking or burst geysers. How does this affect the owner? How does this affect the trustee?

In this article, Mike takes us through what is involved in insuring geysers, what the rules say about this and the possible way forward.

Q & A with Jennifer Paddock - Jennifer Paddock replies to a number of questions including:

  • Levy stabilisation funds - can they do that?
  • Geyser insurance - who must pay?
  • The onset of levy payments.
Paddocks Press Vol 4, Issue 1

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