#14433
awinner
Flatchatter
Chat-starter

    Thanks for your reply Ben, I suppose i was looking for confirmation that the payment itself was irregular. After looking at the CTTT website i don't think that it is worth pursuing the matter based on time and cost.

    Unfortunately there are other things, the admin fund now has run a at a deficit for 2 years, last year a special levy was rejected to remedy this. We ran at a further deficit this year and he agreed to raise a special levy for half the deficit. We are also not keeping up with the recommended sinking fund.

     

    Out of the sixteen units only three are owner residents, I suspect this was not a situation to get into in the first place. I think considering the long term implications of the sinking fund my best bet is to sell before it becomes an big issue.