MEDIA RELEASE | Thursday November 14, 2013
Tania Mihailuk MP, Shadow Minister for Fair Trading
Penny Sharpe, Duty MLC for Bega and South Coast
STRATA REFORMS – NSW GOVERNMENT CONTINUES TO KEEP BEGA & SOUTH COAST HOMEOWNERS IN THE DARK
Shadow Minister for Fair Trading Tania Mihailuk has again called on the NSW Government to assure homeowners that they will not be forced to sell their properties under proposed new strata laws.
Ms Mihailuk said the proposed reforms meant strata managers could terminate strata schemes with the approval of just 75 per cent of apartment owners – essentially forcing the remaining quarter to sell.
At present, all owners living in a strata scheme need to agree to sell.
Ms Mihailuk said Fair Trading Minister Anthony Roberts has shown complete disregard for homeowners by refusing to comment on certain aspects of the proposed laws.
“If these changes come into effect next July, as the Government plans, they will fundamentally change the rights of the ever-growing number of people living in strata complexes,” she said.