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We are having the first general meeting at our new development in the first week of December. I believe we will be electing the Executive Committee.
On the one hand I feel I should put my hand up to be part of the EC and on the other I feel I shouldn’t, because the work load may be too much & I am already exhausted by my ongoing battle with the developer/builder.
So, Executive Committee – wise move or not?
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I think you would be mad not to be on the EC. The level of your involvement and the role that you play is to a large part up to you, for example you don’t have to be secretary or Chair unless you want to be. The thing is, if you are on the EC you will know what is going on, and you will have a say in decisions that are made.
I have been on the EC of our building for the whole time I have lived here, and I am the secretary. There have been times when I have wanted to throw in the towel – I have been abused and insulted, I have been landed with piles of work that nobody else can be bothered doing, only rarely have I been thanked for progressing things. I don’t really care any more, I am protecting my asset.
DITTO!
Any owner can self nominate for the EC, and do not need a second (unless by own strata plan specific by-laws).
If you are battling the developer /builder then you are probably not the only one and using the governance procedure provided by the EC could well support the problems you are having.
If there are significant problems, do not delay getting legal / experts advise ASAP. This begins with the EC and then includes the OC.
Do not be too concerned at the effect this will have on property prices, my experience has been that the impact has been positive on prices and time taken to sell.
Alley cat
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