29 September 2010

With a heavy heart we trudge back to the unit title trenches

| johnboy
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The Unit Title debate of 2008 was a dour, dreadful and confusing thing. Anyone who actually understood all the issues was not the sort of person you’d want to get stuck talking to at a party.

As far as I could tell back then the debate bogged down between the interests of property investors and the interests of property developers.

Powerful lobbies in the Legislative Assembly, but not exactly representative of the wider community.

So when Simon Corbell sent out a media release signalling a review of the legislation I put the computer down and went to make a cup of tea rather than deal with it.

But it’s important. It impacts everyone living in medium to high density housing and if we don’t pay attention there’s potential for trouble.

“A range of important changes were introduced in 2008 to increase consumer protection and to improve the dispute resolution process for unit titles in the ACT and the Government is keen to get feed back about these changes,” Mr Corbell said.

Mr Corbell said that the review will also consider whether the Act should be amended to allow for sustainability measures to be incorporated into the unit title plan during development.

Details are on the JACS Website and the review closes on 29 October.

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start rant. this exercise will be about moving risk further onto body corporates and their executive committees – which is fine in a way, they are the property owners after all – oh except that body corporates are forced in 99% of circumstances to engage (PAY) a body corporate/complex manager. not only of which there are precious few in canberra as it is and they charge the earth to do little else than send out levy notices and take a large commission for pushing a certain insurance company onto the body corporate. unit owners involved in exective committees – beware beware beware from likely changes (doubtless proposed by body corporate/complex managers) that will result in YOU becoming even more liable than you already are. nevermind this means that even less unit owners will be interested in volunteering their time and distinct lack of property management expertise to making decisions relating to the complex management because THIS MEANS NOT GETTING PAID BUT BEARING LEGISLATED RESPONSIBILITY. end rant.

well, it has been advertised in the paper over the past few weeks, so it’s probably unlikely.

My total cynicism of all things ACT Labor Gov has me wondering if this announcement has anything to do with the legal proceedings noted in todays CT re the owners corporation of the Gateway Apartments (Kingston) taking the LDA (and Bovis) to court.

Perhaps a bit of pre-emptive arse covering?

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