YSP Podcast Episode 159. What does strata building insurance cover?
This week, Reena and I enjoy a wide-ranging discussion covering these essential topics: – a lot owner instructs a strata manager to apply their payment to levies only and not to interest or expenses. Does that instruction have to be followed? – what does strata building insurance cover and how do you know you’re covered for the right amount? – the Supreme Court confirms that, as long as 2 years have passed, exclusive use by-laws are validly repealed, even if lot owner consent was never provided.