In this episode we chat again with Mark Atkinson from Atkinson Legal who provides us with a general guide to learning about the major players in strata. Mark has been providing Strata specialist legal advice and services to developers, owners, and Strata companies for the last 26 years.

You will learn about the Strata company - a fictional company which consists of the owners of the lots from time to time, so as each owner buys into a lot, they automatically become a member of the strata company.

Council of owners - the civic owners may decide to join the Council of owners in a voluntary role, they are responsible collectively for the governance of that strata company in that strata scheme.

SAT (The State Administrative Tribunal) - plays a significant role in strata, where people can go if they can’t resolve a dispute themselves, you can apply direct and seek relief.

Some schemes have external strata managers who take on the tasks given to them by the council of owners / strata council via a Management contract / Agreement. These duties vary in accordance with the contract; they may be simple or complex, and there’s more.