166. Your essential guide to Community Schemes
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This week, I’m flying solo, answering one of the more ‘frequently asked questions’ in recent times: what are the must-know items when it comes to community schemes? How are they different to strata schemes and where are the traps for inexperienced players?
I cover:
- the purpose of community plans
- who are the ‘members’ of a community association
- levies
- by-laws
- voting
- demystifying the CMS, SMS and BMC and more.
Links mentioned:
- Get the transcript here!
- Your Strata Property Facebook page
- Amanda’s TV interview on Sky News Real Estate
- Fair Trading’s Living in a Community Scheme Guide
- Community Land Management Act 1989
- Community Land Development Act 1989
- Community Land Management Regulation 2018
- Position Paper
Thank you so much, we have an AGM with a Dr Evil tonight. Your timeing is perfect. Regret not joining YSP
Hi C, good luck. And we’ve added you to the membership waitlist over at http://www.yourstrataproperty.com.au/membership