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Strata Title Reforms Proposals for legislative change

Strata Title Reforms Proposals for legislative change. Presenters: Duncan Watson, Executive Officer, Tenure Committee Hannah Sforcina, Project Manager. Why have we asked you here? raise awareness re key reform principles what? > why? demonstrate key proposals how they work

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Strata Title Reforms Proposals for legislative change

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  1. Strata Title ReformsProposals for legislative change Presenters: Duncan Watson, Executive Officer, Tenure Committee Hannah Sforcina, Project Manager

  2. Why have we asked you here? • raise awareness re key reform principleswhat? > why? • demonstrate key proposalshow they work • provide an open forum for questions • seek initial feedback www.landgate.wa.gov.au

  3. What are the key reforms? • Schemes within schemes • Leasehold strata • Information disclosure • Amendment of management statements www.landgate.wa.gov.au

  4. Where did they come from? • Tenure Committee • 2009 Consultation Paper • Submissions  review process • 2010 Consultation Paper www.landgate.wa.gov.au

  5. Why are they needed? • Housing affordability • Development / lifestyle options • Consumer choice • Innovative solutions www.landgate.wa.gov.au

  6. How would the reforms work? Focus on: Schemes within schemes www.landgate.wa.gov.au

  7. Mixed tenure example:built & survey strata ORIGINAL LOT ROAD www.landgate.wa.gov.au

  8. Mixed tenure example:built & survey strata LOT 1 LOT 3 LOT 2 LOT 4 ROAD www.landgate.wa.gov.au

  9. Mixed tenure example:built & survey strata LOT 1 LOT 3 LOT 2 LOT 4 ROAD www.landgate.wa.gov.au

  10. Mixed tenure example:built & survey strata ORIGINAL LOT ROAD www.landgate.wa.gov.au

  11. Mixed tenure example:built & survey strata LOT 1A LOT 1B LOT 2 LOT 1 LOT 3 ROAD www.landgate.wa.gov.au

  12. Mixed tenure example: www.landgate.wa.gov.au

  13. Innovative uses Geothermal energy Rainwater harvesting system www.landgate.wa.gov.au

  14. Mixed use example: built strata Subsidiary scheme Residential - apartments Principal scheme Subsidiary scheme Commercial - offices Subsidiary scheme Commercial - retail www.landgate.wa.gov.au

  15. How would the reforms work? Focus on: Leasehold Strata www.landgate.wa.gov.au

  16. Leasehold Strata Application Application Lot Creation Lot Creation Conversion Leases Leases Termination Termination Management Management www.landgate.wa.gov.au

  17. How would the reforms work? Focus on: Information Disclosure www.landgate.wa.gov.au

  18. Information Disclosure • Through the provision of: • Information Sheets • Management Statements www.landgate.wa.gov.au

  19. How would the reforms work? Focus on: Amending Management Statements www.landgate.wa.gov.au

  20. Amending Management Statements • new statement if changed • strata company to approve • approval must be given at times www.landgate.wa.gov.au

  21. Where to from here? • We need your help • Make a submission • Deadline: 5pm, 9 August 2010 (absolute latest!) www.landgate.wa.gov.au

  22. Finally - thank you! • If you have questions or seek further information, please contact: • Duncan Watson – 9273 7462 / duncan.watson@landgate.wa.gov.au www.landgate.wa.gov.au

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