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Hi,
I asked the strata scheme’s Managing Agent for the latest quarterly report on the strata’s finances. Amongst the papers I was sent was one with a column listing “Levies Due”.
I don’t want to embarrass the Managing Agent, but having studied accounting I know pretty darn well that such a document without a corresponding column of “Levies Paid” or “Levies Received” is meaningless at best.
After all, “Levies Due” does not reveal who if anyone is in arrears.
A lot balance report of all lots was not sent either.
My question is: is the Managing Agent compelled to send me meaningful data? Must he send me what I ask for if I am sepecific? Or can he merely act as the SC’s puppet and send drivel?
Please advise.
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