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At our last AGM the SM was given their 3 months notice. I personally had instructed my proxy that it would be better to keep this SM as there is a considerable amount of outstanding maintenance issues in this complex and to go through the process of finding and appointing a new SM would only delay these repairs further. Better to get the work done using the existing SM but advise them that their performance would be noted – that was my suggestion.
Now the EC is in a bit of a panic. The SM has apparently given the EC their own notice now. I believe that there has been no work done in the area of finding another SM. There has been no requests of owners for the names of SM’s that they may know of.
So my question is, what happens when the time runs out? If the SM has given us their notice and we have no one else to take the helm, where does it leave this complex?
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