Finally there has been a conclusive decision from NCAT regarding lot owner compensations.
The President and Deputy President of NCAT have recently handed down an important decision. They have concluded that NCAT does not have power to award a lot owner compensation. This is a result of a failure by an owners corporation to repair defects in the common property.
This decision around NCAT and lot owner compensations is likely to be followed by NCAT in the future and resolves a longstanding controversy about this issue.
What does this mean? Read our recent cases regarding NCAT’s decision around Lot Owner Compensations
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