The Queensland Property Law Review could mean significant changes for strata owners and residents, according to one body corporate management company.
The review, which began in 2013, is set to modernise and update regulations to help streamline the way Queensland strata owners, occupiers and service contractors interact.
Archers the Strata Professionals is encouraging Queensland unit owners to attend one of their education seminars, which will provide an update on the review and also discuss the impact of Airbnb on the sector.
The seminars will be held in six locations across Queensland throughout May, including Cairns, Whitsundays, Townsville, Sunshine Coast, Brisbane and the Gold Coast.
Archers the Strata Professionals partner Grant Mifsud said the review could result in meaningful penalties for Queensland owners and occupiers who do not comply with body corporate by-laws.
“Despite having a range of enforcement mechanisms, there is a widespread perception among industry groups, body corporate managers, and lot owners that the body corporate is a ‘toothless tiger’ when it comes to enforcing its own rules,” Mr Mifsud said.
“This review is looking at options which may improve the ability of the body corporate to enforce problematic by-laws breaches.
“One option proposed is that owners and occupiers who do not comply with by-laws, such as parking, pets in apartments, smoking on balconies and overcrowding could face penalties by bodies corporate.
“The review is also looking to increase the efficiency of administrative and procedural issues, including how general meetings are conducted.”
The body corporate law review is part of a larger examination of Queensland’s property laws the Queensland University of Technology is conducting.
Mr Mifsud is urging Queensland strata owners and occupiers to be informed on the review, by attending the organisation’s bi-annual education seminar.
“More than two million people currently live and work in bodies corporate. It is important these owners and occupiers understand the review, and how it will impact them.
Commissioner for Body Corporate and Community Management Chris Irons, who is a guest speaker at the event, said the seminar provided an opportunity to dispel any myths about body corporate issues, and ensure owners and occupiers are informed on industry changes.
“We will be covering the scope of the review, its current status and the next steps,” the Commissioner said.
In addition to discussing the review, the seminar will address the impact of Airbnb on the body corporate industry.
“A recent study we conducted found one in three Queensland strata owners and occupiers are concerned about Airbnb security, and 50 per cent would like it to be addressed by their body corporate,” Mr Mifsud said.
“We are committed to listening to and addressing our stakeholders’ concerns, and one of the ways we plan to do this is through our education seminars.
“Our upcoming seminar will address Airbnb security, by-law compliance, and practical tips for regulation.”