Forum Replies Created
-
Replies
-
Our strata plan currently has a 95% default rate on levies…. Only several members of the EC are currently financial…
But this has been complicated because (under a lease agreement) the Admin levies are supposed to be paid by a tenant (a serviced apartment operator) who leases all lots in the estate…. and is refusing to pay. This is resulting in extensive Supreme Court action which is costing everyone….
Of course levies are ultimately the responsibility of each lot owner and as the OC has no contractual relationship with the lot owners' tenant – the OC are pursuing individual lot owners for the levies – using a strata collection service.
But it IS a nightmare and the OC are financially paralysed as a result.
Hi Dech,
I think it is a slightly “long bow” to be calling it “misappropriation”as your EC probably has the authority to spend money as it pleases without limitations.
What you need to do is get a motion on the next agenda of a General Meeting to LIMIT their authority – if you and other owners think that is necessary.
I would suggest that it is simply good strata politics to get a concensus when altering common property but I don’t think any such non-agreed changes amounts to misappropriation of funds…
With respect to arranging repairs on common property, the strata shemes management act and regulations places an obligation upon an OC to do this. IF they don’t, you should take them to the CTTT.
Similarly, I think that they have an obligation to respond to correspondence to the EC – epseically if it relates to breahes of by-laws. again – if they fail – take them to the CTTT.