defects

Buyers of defective Imperial Towers apartments in Sydney allowed to break contracts, recoup deposits in ‘radical’ first

2023-10-30T18:34:39+11:00

27 OCTOBER 2023 Nearly 100 people who purchased defective apartments in a Western Sydney development will have their contracts rescinded and deposits returned under a landmark agreement. Key points: Government inspectors found "serious defects" in 2021 and stopped buyers from moving in Developer said "serious defects" had been rectified prior to the receiver being appointed Apartments can't be sold for 10 years, and future buyers must be alerted to any defects [...]

Buyers of defective Imperial Towers apartments in Sydney allowed to break contracts, recoup deposits in ‘radical’ first2023-10-30T18:34:39+11:00

Home Building Act 2023 Licensing Framework

2023-10-08T18:13:44+11:00

The OCN welcomes the opportunity to comment upon the Building Bill 2023 – Licensing Proposals. The OCN is one of, if not the most, important stakeholder in this area, but does not have the resources or paid staff or lobbyists that industry stakeholders have.

Home Building Act 2023 Licensing Framework2023-10-08T18:13:44+11:00

NSW’s building industry is reforming after years of apartment defects, but comes too late for many owners

2024-01-11T12:21:19+11:00

15 JULY 2023 Brian Tucker is forking out thousands of dollars on quarterly strata fees and paying down his mortgage on an apartment that's been uninhabitable for more than four years. So far this year NSW Fair Trading has issued more than 30 work rectification orders across building sites, including The Laneways Rosebery, which remains empty and has serious structural defects, and Toplace's Vicinity complex in Canterbury over "potential serious defects". [...]

NSW’s building industry is reforming after years of apartment defects, but comes too late for many owners2024-01-11T12:21:19+11:00

Apartment owners fear multi-million-dollar repair bill after developer Toplace goes into administration

2024-01-11T12:24:28+11:00

13 JULY 2023 Patrick Quintal was newly married and eager to begin a fresh chapter when he bought a Sydney apartment two years ago. Now the IT manager feels financially trapped, fearing a $180,000 repair bill after the developer of his apartment, Toplace, went into administration. Karen Stiles, head of peak residential strata body Owners Corporation Network, said the situation surrounding Toplace was "not a one-off occurrence". She said apartment owners [...]

Apartment owners fear multi-million-dollar repair bill after developer Toplace goes into administration2024-01-11T12:24:28+11:00

Premier urges fugitive developer to turn himself in

2023-07-13T13:46:31+10:00

12 JULY 2023 Controversial Sydney developer Jean Nassif is being urged to submit to authorities as his company collapses, a month after a warrant was issued for his arrest. NSW Fair Trading this week said it was working with Strata Communities Australia and the Owners Corporation Network to help strata managers and owners in Toplace buildings. The agency advised buyers with deposits on off-the-plan Toplace sales to contact their conveyancer or legal [...]

Premier urges fugitive developer to turn himself in2023-07-13T13:46:31+10:00

Patrick’s apartment block has defects. He has nightmares of being buried beneath rubble

2023-07-13T13:42:39+10:00

11 JULY 2023 Every time IT manager Patrick Quintal leaves work to travel home, he feels sick with dread that his apartment building may no longer be standing. Each night when he goes to sleep, he dreams about waking up buried beneath rubble. The former chair of apartment peak body, the Owners Corporation Network, Stephen Goddard, says Vicinity has all the hallmarks of the Mascot Towers disaster. “At this stage it [...]

Patrick’s apartment block has defects. He has nightmares of being buried beneath rubble2023-07-13T13:42:39+10:00

‘Dob in a developer’ scheme extended as builders forced to fix defects

2024-01-11T12:31:50+11:00

11 JUNE 2023 Builders and developers have been told to fix shonky work across 33 properties by NSW Building Commissioner David Chandler, as the government announces an extension to the building dispute resolution scheme. Project Intervene allows owners’ corporations to dob in serious defects in common areas of buildings, provided the buildings are four or more stories high and built less than six years ago, and have the commissioner negotiate with [...]

‘Dob in a developer’ scheme extended as builders forced to fix defects2024-01-11T12:31:50+11:00
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