News

WA strata law changes edge closer

Changes to the Strata Titles Act 1985 in Western Australia will bring the act into line with development of community title schemes and strata title legislation and management practices that have been implemented in NSW and other eastern states of Australia.

The proposed changes to the act are intended to make the use of strata title developments more flexible, cost-effective for urban infill developments, functional for community living options and provide more effective dispute resolution processes for existing and future schemes.

Critical changes will create new tenure opportunities in four main areas, allowing community titles, leasehold strata, mixed use developments and staged strata developments.

It will also create changes to vendor disclosure, dispute resolution procedures, the manner in which strata properties are managed and the processes for termination of schemes.

The initial consultation process has been completed and a summary has been published by Landgate that is currently liaising with key stakeholders to refine the proposals so it is not too late for major players such as local government to have input into the changes. The target date for the bill to be before parliament is June 2016.

By 2031, it is predicted Western Australia will be home to more than 3.5 million people putting substantial pressure on existing urban infrastructure.

Related Articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Back to top button
WP Tumblr Auto Publish Powered By : XYZScripts.com
AccomNews
0
Would love your thoughts, please comment.x
()
x