Running a small business out of a residential strata unit may cause major issues in relation to insurance. Not only can it increase the risk of a public liability claim, but it can also change the property classification from residential strata to commercial strata. A change in property classification almost
Why knowing about the people in the building you manage, can make all the difference?
Did you know that insurers consider different business activities more risky than others and some have varying risk preferences. For example an office is considered a low risk business activity whilst a fireworks factory is a high risk business activity. Often commercial strata properties are occupied with businesses with varying