What is the initial period?

The early phase of a new strata scheme that starts when the strata plan is first registered and the owners corporation is created. During this time the original owner acts as the strata and there is no need for annual reporting."

Important notice. This information is general in nature and does not constitute legal advice. Unless indicated otherwise, this information is based on New South Wales strata laws and practice. Strata laws, terminology and procedures differ across the different Australian states and territories. For more specific advice on your particular circumstances contact us for a referral to an appropriate expert.

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