On 30 November 2016, the following Strata legislation was enacted.
The Strata Reform legislation created significant changes dealing with Unit Entitlements. These changes prohibited developers and their consultants from writing their own unit entitlements, and which now requires a 'Qualified Valuer' to carry out the determination of Unit Entitlements based upon Market Value as defined by the Strata Schemes Development Act 2015.
The new legislation allows a certain class of person to object to and have the Unit Entitlements reallocated if the Unit entitlements are proven to be unreasonable and the Tribunal exercises its discretion to allow the change to the Schedule of Unit Entitlements set out in the Strata Plan.
We have been Registered Valuers since 1984 and specialise in Strata and Community Title.
Wal Dobrow is the Managing Director of Unit Entitlement Valuations Pty Limited and has been a Registered Valuer without limitation since 1984. He has specialised in strata and community title valuations, and has carried out the unit entitlement assessments of the largest community and strata schemes in NSW. He serves on the Strata Industry Working Group and wrote the Common Property Memorandum that solves the majority of issues relating to the repair or maintenance responsibility between Lot Owners and the Owners Corporation, and which has now been adopted into the new strata legislation in NSW. He also serves on the Australian Property Institute's Professional Standards Sub Committee on Strata which has recently issued the Guidance Notes and Member's Advice for Unit Entitlements in NSW.
Paul Sarkany is a Director of Unit Entitlement Valuations Pty Limited and has been carrying out valuation research and analysis since 2016. He has been on the Dean's Merit List at the Western Sydney University for 2015 and 2016 and received the Dean's Medal in 2018 where he graduated with a distinction in Bachelor of Business and Commerce (Property).
“We are very satisfied overall with the service provided within 24 hours. We would not hesitate to recommend Unit Entitlement Valuations to anyone.”
“Keep it up, very professional service.”
“Paul was very efficient, set our expectations regarding timings, what to expect and what was required. Overall, great to deal with and we would not hesitate to recommend Unit Entitlement Valuations.”
“Approachable, Professional with prompt service.”
“Professional, knowledgeable and approachable.”
“Well done job with customer delight and thanks Gordon Wren for recommending me to you all. Thanks.”
“Fantastic turn around time, very professional & highly recommended, will use again on our next project J”
“We found both Paul & Wal to be extremely efficient and easy to deal with. We would highly recommend their services.”
“Quick Return. Prompt Service.”
“Same day Report & Certificate, Approachable.”
“Very good price, prompt, highly recommended.”
“Same day service, very nice people to work with.”
“Exceptional service from UEV. Called on the last day of the year before Xmas shutdown and received my report & valuer’s certificate on the same day. I would highly recommend.”
“We had a very tight time frame to meet at the same time of producing a quality outcome for our client with professional service, and Wal Dobrow delivered.”