- Order Reports
- 130/250-254 Railway Parade, Kogarah (Lot130 SP97728)
130/250-254 Railway Parade, Kogarah (Lot130 SP97728)
Strata Records Inspected - Thursday, 12/12/2019
SP97728 is a residential part building strata scheme occupying a stratum parcel in Veridian/Kogarah RSL Club.
Management of shared facilities for the complex is undertaken by Building Management Committee DP1188418 (BMC) which includes representatives of the owners of each of the stratum parcels.
While it is not a separate legal entity, the BMC normally maintains its own accounts, minutes and records.
The BMC derives its authority from the terms of a registered Strata Management Statement (SMS), a copy of which you should have received with contract documents.
The Strata Management Statement (SMS) is a building specific agreement and it binds all owners and occupants within the complex, including the owners and occupiers of lots within any strata schemes. At its most basic the SMS will describe the management and cost sharing formula for obvious shared facilities such as insurance, water supply and fire safety procedures. It may, however, confer upon the BMC the power to make decisions with a direct impact on the day-to-day activities of building occupiers and we recommend its terms be clearly understood by any prospective lot owner.
We have not had access to BMC records and make no comment as to the affairs of the BMC. Any BMC information in this report has been obtained from Owners Corporation records or from our own archives.Strata Plan Registered 15/05/19
Strata Managing Agent - Body Corporate Services, Haymarket.
Last AGM before report - 30/09/2019.
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