The common areas of residential complexes are an important part of the building and often used in marketing to attract prospective buyers. However, many serious injuries and larger liability claims are a result of incidents occurring in these areas. Recreation facilities are an integral part of a residential complex, but they can also come with a myriad of liability issues. Some facilities such as gyms and saunas may be used by people who may not have exercised for a long tim

This article is based on content from The WA Strata Magazine by LookUpStrata, published in July 2025, pages 34-35. For more information, visit The WA Strata Magazine . What you need to know Understanding strata insurance is essential for both strata council members and lot owners. While it's a legal requirement for all strata companies, the type and scope of insurance can vary significantly depending on the nature of the scheme (strata scheme or a survey-strata scheme). This

For strata developers and managers, long-term asset performance, financial sustainability, and regulatory compliance all hinge on one vital tool: the Capital Maintenance Forecast. More than just a budgeting exercise, this forecast acts as a financial blueprint for the upkeep and preservation of shared property assets. By establishing a detailed and forward-thinking capital maintenance plan, developers and strata managers can safeguard the physical and financial health of thei

Sharing the workload at apartment complexes can produce amazing results during major projects such as renovations.

The use of strata finance can assist strata properties to increase the value of their assets with upgrades to common areas and improvements