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Australian apartment owners in buildings fitted with flammable cladding face bills of up to one quarter of the value of their homes, according to a new report.
And state governments show no signs of helping apartment owners with the costs of rectification, even though it is clearly not the owners’ fault that they have bought into potentially dangerous blocks.
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https://www.flatchat.com.au/cladding-bills-could-cost-owners-a-quarter-of-units-values-report/The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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Interesting reading. Great news for Victorian apartment owners with cladding issues
Bit more info here: https://www.premier.vic.gov.au/standing-up-for-combustible-cladding-owners-in-victoria
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