Using owners’ corporation rules to encourage sustainability
1 Mar 2023 - Docklands NewsIncreasingly, owners’ corporations (OC) are looking to reduce their footprints and set themselves up as more sustainable, comfortable places to live.
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Increasingly, owners’ corporations (OC) are looking to reduce their footprints and set themselves up as more sustainable, comfortable places to live.
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Over the years as a strata manager, countless owners have come to me with bold plans to make their lot more sustainable by installing solar panels. They go out, get a quote, present it to their committee of management and it gets voted down. Why?
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The benefit principle is simple in premise; when levying for “extraordinary items of expenditure” that do not benefit all owners equally, the owner that benefits more, should pay more.
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Owners’ corporation (OC) managers are seeing increasing demand for retrofitting electric vehicle (EV) charging across their portfolios.
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The most important role within an owners’ corporation (OC) is that of the committee of management. Working together with the OC manager, it is the committee’s role to ensure things are running smoothly. Without good governance, this can be an impossible task.
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