#78326
Jimmy-T
Keymaster

    I believe you have been told wrongly. Its the OC who pays the excess.

    Absolutely.  The Owners Corp has benefitted from lower premiums by agreeing to an excess,  It’s therefore the owners corp, and not the individual owner, that should pay the excess in the event of a claim.

    If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.