Victoria introduces new owners' corporation laws and support for unit owners

theage.com.au [$]

New laws will impose penalties and grant increased powers to address misconduct in Victoria's owners' corporation sector. The legislation aims to help unit owners facing financial hardship with payment plans and lowers voting thresholds for rule enforcement and building redevelopment. However, stricter rules for Airbnbs and a ban on insurance commissions were not included in the initial proposed changes.


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Victoria introduces new owners' corporation laws and support for unit owners | News Minimalist