nicolef

I just landed here seeking an answer to the same question re costs to register by-laws. We agreed to update/ add 2 by-laws at the last AGM which incurred a cost of $1115 in total. We were presented with 3 by-laws and decided to move with 2 that were relevant.

The by laws were presented to us in full in the meeting papers prior to the AGM meeting, and we were given an option of 3 to consider and vote on at the meeting. Presumably the strata management company had the documents prepared as ‘cookie cutter’ documents rather than have individual by-laws drawn up for each of OCs they provide management services to.

There is no cost breakdown for the Land titles and By-Law Registration item on our financial report. I can’t help wondering that real cost is to the OC under this business model is greater than it needs to be and strata management companies and/ or their lawyers and/ or PEXA are reaping in the profits.

If I had the option to get on a train to the LPI and lodge the by-laws myself, I would. But sadly it seems the corporatisation of the system prevents OCs/ committee members from being able to control costs. So again, is there a way to do this more cheaply, simply and transparently?

• This reply was modified 7 months, 1 week ago by .