The President of the Rotary Club of Attadale Colin McCulloch welcomed everyone to the meeting on Monday 11th September at Tompkins on Swan. The Guest Speaker Peter Munday, a Strata Titles Consultant and Trainer was introduced by Rotarian Bob Rogers. Some of those present may have wondered what could be interesting about Strata Titles for them. Peter certainly made it an enjoyable presentation when he took us back to before 1966 when most land could be subdivided according to the local council rules. This meant that all the land on the plot was owned by all owners, just the actual buildings were individually owned. This meant when these properties were sold it was always unclear if private agreements had been made between owners as to the actual ownership of the different areas of land. It was a nightmare for agents.
Strata Titles were introduced after 1966, but once again individual owners only owned the inside dimensions of the buildings and all shared the land. In 1985, changes were made to the Strata Titles Act where surveyors were able to allot areas of land to each owner. Hence Survey Strata Titles came into use. Peter made all of this very entertaining while discussing the differences. Peter speaks regularly on Curtin Radio 100.1fm and also on 6PR. He also runs training seminars for REIWA, Real Estate offices and for the general public. One of the biggest challenges for Real Estate Agents is knowing enough about Strata Titles and the pitfalls that can occur for both buyers and agents. Peter receives many calls from agents for advice.
Without question Peter Munday is the most knowledgeable Strata Title person in Western Australia. (He dislikes being called an expert - there is also a story behind that).
Peter was happy to answer members' questions after his presentation as well as over refreshments.
Another top night with fellowship before and after the meeting.
Pictured at the end of the evening were Elaine Bennett with Giovanna McKay and Mal Bennett, Gillian Baker and Greg James, Guest Speaker Peter Munday with Chairman for the evening Bob Rogers and Ron Day and Ian Pittaway.