Insurance and Strata Valuations
Strata Scheme Insurance
Current legislation requires Strata Schemes obtain regular up to date building replacement and reinstatement insurance valuations from qualified valuers, under the (STRATA SCHEMES MANAGEMENT ACT 2015.
Strata Scheme insurance valuations provide Strata Schemes with professional easy to read insurance valuations, outling current replacement costs, along with itemised break ups of all issues and costs relevant to your unique situation.
Strata Scheme Unit Entitlements – (Certification, allocation or re-allocation/amendment)
Past legislation did not require an appropriate qualified independent Valuer to certify new Strata developments unit entitlement allocation prior to registration. In most cases only on dispute or request for re-allocation on unfair initial allocation grounds, would the unit entitlement be reviewed and re-assessed at all.
Rates, scheme sales etc are all often based on these unit entitlements, so it important to know is your scheme fair and equitable?
Quadrant provided fast reliable valuations on unit entitlements for initial certification, re-allocation assessment and certifications for all situations.
General building insurance
Whether it be a residential house, commercial building, retail shop, industrial factory or Strata Title home unit, our Insurance valuations provide all the up to date information you require.
Quadrant Building Insurance Valuations focus on the current market replacement value. They break down the various costs — legal fees, administration, demolition, removal of debris, replacement building costs, etc.