CRM Brokers announce the Strata Services Business Award 2020 On Friday 23rd of October, the strata industry gathered at the Hyatt Regency for the annual SCA (NSW) CHU Strata Community Awards which was also live streamed online. The CRM Brokers’ sponsored Strata Services Business Award is designed...

New process for lodgement of strata building bonds NSW Fair Trading has provided an update on the new process for lodgement of strata building bonds. Starting 1 September 2020, there is a new process for the lodgement of the 2% strata building bond. Lodgement is to be...

Voluntary Workers: At A Glance Even before COVID-19 impacted us all, Owners Corporations would be, from time-to-time, looking for ways to save some money. This often was in the form of residents volunteering to complete simple tasks around the property. Lately, we have received an increased number...

General advice on temporary business closures during COVID-19 With many COVID-19 government restrictions now in place, we recognise the challenges faced by our clients as buildings are forced to either close or operate in a limited capacity into the foreseeable future. From a risk management perspective, Zurich...

CRM Brokers announce the 2019 Strata Services Business Award On Friday 26th of July, the strata industry gathered together at The Star for the annual SCA (NSW) CHU Strata Community Awards. The independent judging panel of academics and industry stakeholders were thoroughly impressed with the number of entries...

Water Damage Can Be Avoided Managing common claims and understanding the Owners Committee’s responsibility can be complex. Did you know that water damage is one of the most common causes of strata claims? Many of these claims can however be avoided with a good preventative maintenance...

CRM Brokers announce the 2018 Strata Services Business Award On Friday 3rd of August, the strata industry gathered together at the Four Seasons Hotel for the annual SCA (NSW) CHU Strata Community Awards. The independent judging panel commented on the number of entries and high quality of submissions...

Strata Reforms: Considering Reinstatement Costs Strata reforms have a significant impact on the value a building is insured. As of 30 November 2016, Strata Managers will need to consider replacement and reinstatement costs, not just replacement costs as per the previous Act. What are reinstatement costs? Reinstatement costs...

Strata Reforms: Fact or Myth? The new strata law reforms are designed to bring strata laws up to date with modern times, covering a broad range of topics from pet ownership to the length of strata management contracts. We have previously covered some of those changes...

CRM Brokers' Claims Team is here to assist The Bureau of Meteorology has broadcast a severe weather warning for New South Wales with damaging winds and heavy rain expected to develop before the long weekend. If you have an incident occur, please contact us immediately on 1300...

Does your Professional Indemnity policy wording suit your business? Not all strata businesses are alike. And not all professional indemnity policies are alike. For instance, let’s say you’re an Authorised Representative (providing insurance general product advice) and your staff are Sub-Authorised Representatives also providing general product advice. Does...

Strata Law Reforms As you are aware, the Strata Schemes Management Bill 2016 will commence on 30th of November 2016. The reforms cover a wide range of topics with a number of them related to Strata Managers, of note are the following...

CRM Brokers' Claims Team is here to assist We hope your weekend did not result in your properties experiencing any damage. However, if you have had an unfortunate experience with flooding or storm damage, then please contact us immediately on 1300 880 494 or fill out CRM Brokers'...

CRM Brokers is now certified a 'Strata Services Company Specialist' by the Strata Community Association (SCA). Click here to see our Certificate. CRM Brokers' Strata Division engages specialist strata brokers whose main function is to deal solely with all things strata. Our in-house Claims team ensures we...

Floating Floors In a strata scheme, the building in question may accommodate a wide variety of people who give their unit those individual touches. Curtains get hung, plants are arranged, rugs are unrolled and favourite appliances get plugged in. A little renovating may also come into...