Sunday, 29 June 2014
Independent Inspections: Mr Fluffy Asbestos Impact on Residential Homes
Independent Inspections: Mr Fluffy Asbestos Impact on Residential Homes: A Commonwealth clean-up program between 1988 and 1993 was thought to have fixed the problem in 1,049 homes, but fibres have since been foun...
Mr Fluffy Asbestos Impact on Residential Homes
A Commonwealth clean-up program between 1988 and 1993 was thought to have fixed the problem in 1,049 homes, but fibres have since been found in some houses.
Homes affected by Mr Fluffy asbestos are spread widely across 70 Canberra suburbs, data released by the ACT Government has shown.
The data reveals the number of houses per suburb that were found to contain the loose-fill amosite asbestos during a survey carried out in the late 1980s.
The list shows the highest concentration of Mr Fluffy houses was in Kambah with 103 sites. There were 43 in Curtin and 40 in nearby Pearce.
That has left many homeowners in limbo, unable to live in, rent, or sell their properties.
For more information visit our website by clicking here.
CONTACT US
Tuesday, 10 June 2014
When Should You Update Your Insurance Valuation
If the body corporate is required to insure one or more buildings, the body corporate must, at least every 5 years, obtain an independent valuation for the full replacement value of the building or buildings.
For more information on insurance valuations visit our website, just click here.
CONTACT US
Thursday, 5 June 2014
What Does A Sinking Fund Include?
The sinking fund budget must—
(a) allow for raising a reasonable capital amount both to provide for necessary and reasonable spending from the sinking fund for the financial year, and also to sinking an appropriate proportional share of amounts necessary to be accumulated to meet anticipated major expenditure over at least the next 10 years after the financial year,
having regard to—
(i) anticipated expenditure of a capital or non-recurrent nature; and
(ii) the periodic replacement of items of a major capital nature; and
(iii) other expenditure that should reasonably be met from capital; and
(b) fix the amount to be raised by way of contribution to cover the capital amount mentioned in paragraph (a).
Big ticket items like Lifts and Painting are sinking Fund Items verses light bulbs in the Administration Fund
CONTACT US
Wednesday, 4 June 2014
Strata Insurance Valuation
Insurance is a important factor in the strata community and questions are asked, why do we need removal of debris and the costs are so high. The increasing of insurance costs is a impact to the community.
CONTACT US
Sunday, 1 June 2014
19 Reasons To Have A Body Corporate Or Strata Manager For Your Complex
Case study of 19 Reasons to have a strata manager, and why a body corporate or Strata manager is important in the management of your complex, so you don’t get into trouble like this one. Mismanagement is one thing, but this will have serious implications on the committee and owners and demonstrates on how things can go out of control.
CONTACT US
Subscribe to:
Posts (Atom)