Overthrow body corp

Discussion in 'Property Management' started by giswal22, 4th Nov, 2015.

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  1. The Y-man

    The Y-man Moderator Staff Member

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    Meeting minutes

    The Y-man
     
    The Y-man, 17th Nov, 2015
    #21
  2. Jkat

    Jkat Well-Known Member

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    I'm not sure if it is different in VIC to NSW. The new firm we were hiring were able to help us out with templates and provide support/advice on the wording as it does have to be very specific.
     

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    Jkat, 17th Nov, 2015
    #22
  3. giswal22

    giswal22 Well-Known Member

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    Melbourne
    Thanks guys!

    Really appreciate it! I have a bit of thinking to do
     
    giswal22, 18th Nov, 2015
    #23
  4. Marg4000

    Marg4000 Well-Known Member

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    Is he simply an owner who is doing his best? Is he paid for his work?

    If you are unhappy you can put forward a motion to have an outside professional manager appointed, but you will need others to agree. With only 4 owners it will mean a strata fee increase if the present person is a volunteer.
    Marg
     
    Marg4000, 19th Nov, 2015
    #24
  5. Tony3008

    Tony3008 Well-Known Member

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    The Queensland-based developers of my building (Vic), completed 2005, appointed strata managers on a 25 year contract which was in effect a licence to print money - in return they probably pocketed a useful sum. In the end, much as it grieved us all to do it, we bought the old managers out for a seven-digit sum. Such contracts are now not legal AIUI but on the best legal advice we had no other way out. Tower dwellers take fight to top
     
    Tony3008, 23rd Nov, 2015
    #25
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