What challenges are there for strata owners regarding building maintenance?
It is also much more difficult for strata owners to get defects fixed than it is for owners detached houses. In part, this is because strata schemes are made up of multiple owners, which can lead to delays in discovering defects, deciding on the best (technical and legal) solution, making decisions and implementing actions. The contract to build the strata scheme is between the developer and builder. The owners corporation is not a party to it and cannot use it to get the builder to rectify the problems. Instead, strata schemes have to rely on statutory rights or negligence claims. Home Warranty Insurance is no longer compulsory for the construction of buildings over 3 stories. Because defects in buildings can worsen and cause further problems, they should be addressed as promptly as possible. If there is not sufficient money in the sinking fund to cover immediate repairs, a special levy may have to be imposed. Ref: Strata Community Aust.