Strata Reform Coming to WA – All Strata Management Services

STRATA REFORM COMING TO WA

As the number of Western Australians who are choosing to buy and live in higher density apartments and strata units grows, the WA laws covering Strata properties are being reformed and modernised. These changes are designed to provide a new framework that will deliver a better system for the future.

One area of change will be for Buyers of Strata Properties.

In the future buyers will receive more complete information about the strata property they are looking to buy.

The changes will make it easier for buyers to identify the potential ‘health’ of a strata property that’s for sale – as sellers will be required to provide certain information upfront.
This will allow buyers to better compare properties and make a more informed decision.

Another area of change will be related to Strata Management rules.

Strata managers will be given a clear framework of their responsibilities to deliver more consistent standards across the industry.

The changes will introduce statutory duties for strata managers and require them to have a written contract with the strata company, specifying the functions they are contracted to perform.

To learn more about all the changes coming as well as why reform is needed and the key dates – visit strata.wa.gov.au.

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