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At our recent AGM strata manager promoted “transparancy” of financial transactions and portal where owners could view expenditure. However, when I tried to access this portal (as secretary) requesting a password from strata manager, I was told that a motion needed to be put at the next EC meeting to the effect that the EC would be responsible for timely payment of all invoices should this portal be used.
Should EC have access to view day-to-day expenditure given that there have been some “mistakes” in the past without taking responsibility for payment of all invoices.
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Just get rid of the manager .. it sounds like he isn't doing his employer (the OC) any favors. Look at his agreement, read the termination clause and apply it at the appropriate time.
Strata owners need to get serious about the performance of their managers. Management is a boom industry and there are plenty of good operators if an OC is not happy with the one they have – better still you might consider bringing financial matters back “in house” if you can find a few people with a bit of commitment – could be worth a nice honorarium at the following AGM if they do a good job.
If you aren't a big SP and you do not do a lot of financail transactions and people pay their levies on time then it isn't hard to self manage. Some strata firm even offer DIY management packages with support – if needed.
Is it time people stopped complaining about poor managers and started replacing them. Get pro active and do your OC and the whole strata industry a favor and ditch the poor manager .. everybody wins (except the poor managers)
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