@MichaelTeys profile picture
Michael Teys @MichaelTeys

Strata management business advisory, research & training interested in professionalising strata management.

Joined February 2009
  • Tweets 3,617
  • Following 839
  • Followers 951
242 Photos and videos
Appropriate today as we brace for investigative story on the @4corners Monday night which will probe conflicts of interest of #developers and #strata managers in Australia
North Court Residents šŸ’ššŸ‡ŗšŸ‡¦šŸ•ŠšŸ³ļøā€šŸŒˆ@north_residents
6 Sep 2024
May 2021 @PrivateEyeNews
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In Australia this is true -under reporting / testing for #combustible #cladding is remains rife. Builders not being held accountable for repairs. #Strata owners ignoring occupiers liability risk. Regulators under resourced to enforce compliance.
Peter Apps@PeteApps
5 Sep 2024
A reminder of a report I did in June: there are millions and millions of square metres of the ACM used on Grenfell on buildings globally - much of it in jurisdictions which have done nothing to look for it post-fire thedeveloper.live/opinion/grā€¦
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Michael Teys retweeted
GOSTRATA Media
@f_andreone
25 Aug 2024
Replying to @MichaelTeys
@MichaelTeys lives out the oldĀ How do you eat an Elephant?Ā joke in last weekā€™s @ElephantintheRoom podcast by addressing eachĀ challenge #stratatitle management stakeholders are facing in 2024 gostrata.substack.com/p/michā€¦
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Robed up at graduation last night for my Master of Philosophy (Built Environment) for thesis on urban renewal of mixed-use developments. Thanks to supervisors Prof Simon Pinnegar and Dr Laura Crommelin #UNSW #cityfuturesunsw
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Feeling sorry for staff @NAB Double Bay. Chronically understaffed in the branch. Whereā€™s the duty of care to your employees BigBank ?
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Prof Cathy Sherry speaking arguing #strata management needs to return to transparent fee for service also against and long term developer contracts - management rights in Qld is ā€˜weirdā€™ and embedded networks means owners are paying twice for infrastructure
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10-year ban for strata manager for statutory breaches | Michael Teys michaelteys.com/article/10-yā€¦

10-year ban for strata manager for statutory breaches | Michael Teys

The cancellation of Whitney Wang's strata management license and a 10-year ban is a significant development in the strata management industry. While the specific reasons for this action are not yet...

michaelteys.com
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In a first of its kind decision a #strata manager has had his license taken away for 10 years. This comes as strata management practices in Au comes under scrutiny for charging practices (although this case seems based on other issues). More to come. abc.net.au/news/2024-07-25/sā€¦

'It's about time': Sydney strata manager banned for 10 years after string of complaints

Whitney Wang has also been ousted as strata manager twice in the past two years after owners at separate apartment buildings initiated legal action in the NSW Civil and Administrative Tribunal.

abc.net.au
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Iā€™ve never claimed strata is utopia but it has a lot to offer owners , managers and developers and works pretty well worldwide
Landmark Investments@LandmarkInvsGrp
20 Jul 2024
Replying to @MichaelTeys @katesineed @LKPleasehold @MikeAmesburyMP @BarryGardiner @moving_charlie @mtpennycook
You mean strata isnā€™t the utopia itā€™s made out to be? Next you will be telling us that all the residents canā€™t live in perfect harmony
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The first issue of The Strata Professional drops tomorrow. Itā€™s about #strata #ProfessionalGrowth itā€™s free and applies worldwide to #condo and #block management. Subscribe here michaelteys.com/subscribe

Subscribe

Michael is a strata expert with over 30 yearsā€™ experience in strata law and management. He is an academic researcher for Deakin University, a consultant to strata industry suppliers, and conducts...

michaelteys.com
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Long settled law in NSW that the statutory duty of the strata to repair and maintain includes fixing builder developer defects made before the strata was created - Sewias case
martinboyd@martinboydlkp
12 Jul 2024
Replying to @suejbright
I suspect @MelbConstrucLaw could tell us that sounds similar to the position they gov got to over there -or at least it sounded that way when I went to a meeting of strata sites recently
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Hereā€™s hoping
Harry Scoffin
@HarryScoffin
8 Jul 2024
āš ļøNO MORE LEASEHOLD DEBT TRAPSāš ļø 1.5 million new homes promised. @UKLabour must bring forward a Commonhold Bill in the Kingā€™s Speech on July 17th to ban new leasehold flats to protect future homebuyers. Making commonhold common is pro-growth!
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There is much about #strata management to discuss at present. At this event for REINSW I will be talking about turning the current turmoil into profit and professionalism
REINSW@REINSWnews
27 Jun 2024
šŸ”„ SPEAKER #3: @MichaelTeys šŸ”„ Join us at the Strata Sundowner: Connect and Learn event to hear essential strata updates on EV charging and lithium batteries; Insurance commissions and disclosures; and changes to notice periods! šŸš˜ šŸ”Œ bit.ly/3VlsFBt #reinsw #strata
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Hereā€™s a pithy summary of my 45,000 words on mixed use developments by ā¦@f_andreoneā© open.substack.com/pub/gostraā€¦
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Point taken @DanBruceUK getting a policy provider only came with a lot of hard work by our Building Commissioner and some radical law reform that is working well to improve burning standards and safety.
Dan Bruce
@dannybster
11 Jun 2024
Replying to @MichaelTeys @martinboydlkp
Iā€™m not sure many warranty providers would dare underwrite UK new builds. We have a structural warranty policy but after 5 years and Ā£350k plus in legal fees itā€™s been impossible to claim against. Itā€™s likely if warranty policies had to pay out the sector would collapse.
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The Au bond scheme @martinboydlkp has been supplemented by 10 yr defect insurance - cheaper and more popular. Confidence is being restored based on this, an independent developer rating service, and more interventionist regulatory approach during construction.
martinboyd@martinboydlkp
11 Jun 2024
Replying to @suejbright @ExClad @drfsawtell
All warranty schemes seem to have weaknesses and some have collapsed. The market is focused on price not quality. @MichaelTeys may also have information on the problems faced by the bond system introduced in NSW some years ago. Originally planned at 4% of the sales value
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Looks like miracles do happen - congratulations to all involved
Michael Teys@MichaelTeys
23 May 2024
Less than 48 hours of wash up and hope is dwindling for the leaseholders reform bill to be passed before the general election. Best of luck to my UK friends who have tried so hard to rid the books of the draconian leasehold laws.
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Less than 48 hours of wash up and hope is dwindling for the leaseholders reform bill to be passed before the general election. Best of luck to my UK friends who have tried so hard to rid the books of the draconian leasehold laws.
Free Leaseholders
@FreeLeasehlders
22 May 2024
šŸ™48 HOURS TO SAVE THE BILL - LEASEHOLDERS UNITEšŸ™ We believe in miracles. And we really need one. If you need to see the Leasehold and Freehold Reform Bill rammed through onto the statute books before the GE, email your MP now. More years in limbo otherwise.
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Michael Teys retweeted
Harry Scoffin
@HarryScoffin
20 May 2024
Leasehold is in its death throes. Stories like this one, of leaseholders publicly blowing the whistle against what they see as predatory behaviour by unaccountable entities controlling their homes, will run and run and run. Until a government has the courage to end leasehold.
Free Leaseholders
@FreeLeasehlders
20 May 2024
DUKE OF WESTMINSTERā€™S GROSVENOR GROUP HURTING LEASEHOLDERS? The leasehold system doesnā€™t care if you are rich or poor. Your home is an income for somebody else. It can and it will be ruthlessly monetised. Great to see more leaseholders speaking up! thetimes.co.uk/article/duke-ā€¦
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36 speakers, 11 nations , 5 continents discussing research on #condominium #strata #leasehold issues - dominant themes - ageing building renewals, reserve fund inadequacy, #condos as vechiles for social democracy, accessibility for disabled and ageing residents, smart buildings
Sergio Nasarre Aznar@SNasarreA
16 May 2024
It is good to catch up with old #housing and #property friends and meet new ones. Welcome to #ifmop2024 in Tarragona housing.urv.cat/ifmop2024/ @housingchairurv @UNSWCityFutures
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