The laws around strata property water damage
We explain your legal rights and responsibilities when it comes to strata property water damage, to help you deal with water damage in your property effectively
The boom in strata living has generated a 72 per cent rise in the number of insurance claims for faults, including strata property water damage, experienced in the past five years, according to a report released by Chubb Insurance in 2019.
No strata committee or owner wants to find themselves in the position of not meeting the requirements for an insurance claim, so to best protect the owners corporation from liability when property damage or defects arise, it is important to understand what needs to be done. We explain it all, with a focus on the laws around strata property water damage.