News | Strata Data

Does Strata Cover Water Damage?

June 14th, 2022

When water damage occurs at a strata property, the immediate concern is to find the source of the damage and fix the issue as soon as possible. However once remedied, the questions looms: Who is going to pay for the damage? Who is responsible for the water infiltration? Depending on the cause of the water leak a

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Do I Need Building Insurance for a Strata Unit?

May 23rd, 2022

Strata insurance and building insurance are often used interchangeably, but they’re slightly different. Strata insurance policies have several areas of cover. One of the areas covered under a strata insurance policy is the building. So the building insurance will be a part of the strata insurance taken out by

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How Much Does Strata Management Cost?

May 2nd, 2022

Strata management is an essential service for owners living within a strata property to help manage the shared aspects of the property among owners. Strata management is a beneficial service that organises the everyday dealings of shared property, including the accounts and liaising with owners. Outsourcing you

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