#20034

I am in a similar situation. In our case, the Building Manager owns some apartments in the complex and has a position on the Executive Committee on that basis. I now wonder about his/her position with regards to the new strata laws that will be coming into effect next year. Surely as an owner he/she has a right to be on the committee, and I see problems looming in terms of deciding what topic he/she may or may not vote on with respect to financial interest.

The problem becomes more complicated by the fact that the caretaker is an employee of the Building Manager, lives in a apartment owned by the Building Manager, and is on the Executive Committee as a representative of the Building Manager (who is also an owner). The caretaker clearly sees their intersts lying with the Builidng Manager, not with the Owners Corporation who has a contract with the Building Manager for the provision of caretaking services. I consider this to be an entirely unsatisfactory situation.

I won’t go on as the situation becomes even more complex and, in my view, dubious. Most owners are absentee investors and are completely unaware of the true state of affairs. I have felt for a long time time that there are diverse conflicts of interest, and I hope that the new strata laws will help put a stop to situations such as this arising.