Mason and Brophy understand how important it is to Developers to make a smooth transition to final handover. We can help by assisting Developers to set up strata and community title schemes up to and including the first annual general meeting.
This can include:
Changes to the Strata Schemes Management Act and Section 9(3)(a) of the Community Land Management Act requires that certain documents be produced at the First Annual General Meeting.
1) An original owner or lessor required to convene a meeting under this Division must not fail to deliver to the owners corporation at its first annual general meeting the following:
(a) All plans, specifications, certificates (other than certificates of title for lots), diagrams, and other documents (including policies of insurance) obtained or received by the owner or lessor and relating to the parcel or building;
(a)(1) Without limiting paragraph () above, all development consents, complying development certificates and related endorsed plans, "as built" drawings, compliance certificates (within the meaning of the Environmental Planning and Assessment Act 1979), fire safety certificates and warranties obtained or received by the owner or lessor and relating to the parcel or any building, plant or equipment on the parcel ;
(b) The certificate of title for the common property, the strata roll and any notices or other records relating to the strata scheme, if they are in the owner's or lessor's possession under the owner's or lessor's control;
(c) The accounting records and the last preceding financial statements prepared;
(d) any other document or item relating to the parcel or any building, plant or equipment on the parcel that is prescribed by the regulations for the purposes of this sub-clause
Maximum penalty: 100 penalty points
2) This section does not require an original owner or lessor to deliver to the owners corporation any documents that exclusively evidence rights or obligations of the original owner or lessor and that are not capable of being used for the benefit of the owners corporation or any of the other owners.