FINANCIAL & LEGAL

Our Financial and Legal category offers essential insights into the money matters and legal frameworks that shape strata living. From budgeting and levies to dispute resolution and compliance, we break down complex topics to help owners and committees make informed decisions. Stay ahead of legal obligations, understand financial responsibilities, and protect your investment with clear, practical advice tailored to strata communities.

NSW Strata Insurance Guide: Coverage, exclusions & owner responsibilities

Introduction Strata insurance is often misunderstood. Many owners assume “the building is covered” means everything inside their lot is too — but that’s not the case. This guide breaks down what strata insurance usually covers in NSW, what it doesn’t, and what you as a lot owner are responsible for. Strata insurance protects the building and common property - but not everything inside your lot 1. What Strata Insurance Usually Covers Strata insurance policies in NSW generally

andrewucchino

Oct 32 min read