Can I note my financier for my individual lot on the Common Certificate of Insurance?
Written by Jessica Tait
Updated at January 18th, 2021
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Import
Water Run Off Buying Strata Strata Titles Act of Western Australia Lot Boundaries Strata Plan and Other Plans Strata Titles Act Regulations, Standard By-Laws & Management Statements Tenanting Your Property Alteration to a lot/ installations Common Property Employing Contractors Funding Access for Maintenance Fences Contractors Electrical Gas Plumbing Pests NBN Swimming Pools & Spas Building Warranties Strata Companies Levies Financial Strata Manager Strata Council Insurance Paint AGM’s
Strata Company insurance is in the name of the strata company, therefore the insurers will not note your financier as having a registered interest, however, should typically treat each party or entity as a third-party beneficiary without notification or specification provided such interest is fully disclosed to us in the event of a loss or damage. This has been acceptable by financiers to date.