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As we have done in the past, we will continue to offer alternative conferencing methods ie video conferencing, skype or telephone conferences. Reviewing of all documentation provided to us prior to any initial conference will be all inclusive of our set fee. Do not hesitate to contact Shereen Da Gloria on (02) 9221 6011 should you have any concerns.

Section 109 Certificate - Strata Property


A Section 109 Certificate is a certificate issued by the Owners Corporation of a Strata Scheme, containing detailed financial information about a specific ‘lot’, and information about the management of the scheme.

A strata title owner, or mortgagee, can apply in writing for a Section 109 Certificate, which involves paying a fee to the Owners Corporation. The certificate must be issued within 14 days of the request.
The information typically includes:

•   the names and contact details of Executive Committee members (including the Strata Management agent if relevant)
•   insurance details
•   the levy contributions to be made by owners (ie. administration fund and sinking fund levies)
•   any outstanding levies or fines
•   details about relevant by-laws that have been made recently
•   any other relevant information

The NSW Strata Schemes Management Act 1996 and the NSW Strata Schemes (Freehold Development) Act 1973  contains the information relating to Section 109 Certificates.
Watson & Watson strata lawyers can assist you to understand the information contained in a Section 109 Certificate.

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