How Do the New Laws Address Short Term Letting?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses how the new laws address short term letting. With the growing popularity of things like Airbnb and stayz, short-term letting is an enormous piece of the puzzle for strata. An owners corporation can now adopt a model bylaw that requires lot owners to notify […]

What Changes Have Been Made to General Meetings?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the changes that have been made to the general meetings. There are several key changes to your annual and extraordinary general meetings. If you want to be on the strata committee, which is voted on at the Annual General Meeting, you now need to be financial […]

What Do I Need to Know About the New Collective Sales Process?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the collective sales process. One of the more controversial pieces of new legislation is the collective sales process. This piece of new legislation entitles up to 75% of all owners in a building to sell their building to a developer or any other party. […]

How do the New Laws Address Renovations in Strata?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the changes that have been made to the renovations process. Renovations are a huge part of the strata industry. A large percentage of people purchase and want to renovate. There’s now a 3-tier process for renovations as per the new strata scheme legislation. Cosmetic Renovations […]

How do the New Laws Address Development Defects?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the how the new laws address development defects.  We all hear the horror stories on the news of the new development that has been built, and a year later is riddled with defects. Owners don’t know where to turn. They are spending money on special […]

How Have The New Laws Affected Strata Insurance?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses how the changes have affected strata insurance. This is one of the key areas of the new legislation that aim to improve transparency between Strata managers and their clients. One of the compulsory new parts of the legislation is that your Strata manager now […]

What Changes Have Been Made To My Building’s Sinking Fund

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the changes that have been made to sinking funds.   The first change to be aware of is that the Sinking Fund is now called the Capital Works Fund. If you hear those two terminologies being intertwined, you now know that the correct terminology is […]

What’s Different About The New Strata Committee?

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the changes that have been made to the new strata committee.   One of the main changes about the strata committee is that it used to be called the executive committee. In addition to the naming change, there are several key changes relevant to the […]