In some strata schemes, there can be uncertainty around who is responsible for the maintenance or repair of certain items. A common property memorandum specifies whether an owner of a lot or the owners corporation is responsible for the maintenance, repair or replacement of any of the common property. The prescribed Common Property Memorandum (find in NSW Fair Trading’s website) can be adopted by passing a by-law.
Rosy Sullivan | College Principal & Director
Australian College of Professionals - RTO 91513.
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