Forums The Professionals SCs and strata managers Current Page

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  • #10647 Reply | Quote
    Dudley
    Flatchatter

      Good Afternoon All,

      I have made the decision to “try” to change our strata manager. I say try because our small strata (4 townhouses located in Inner West Sydney Metro) has 1 owner who wants everything done without lifting a finger, 1 absentee owner who is only interested in the rent coming in and another who, lovely person – who has no idea – plus me.

      I have obtained a proposal which seems to suit our requirements, but, and isn’t there always a but. The contract seemed to go on forever with an additional charge for so many items I have lost count.

      My questions are,

      Should I put the move to another manager on hold until after the new rules come in – 30 November 2016 I believe?

      When this happens will there be a “standard” agreement or perhaps a set of standard inclusions and/or exclusions.

      Would it be necessary/prudent to obtain legal advice before signing the new contract, If so, any suggestions for a cost effective avenue?

      My thanks in anticipation,

      Dudley

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    • #25498 Reply
      Jimmy-T
      Keymaster

        You will find there are two kinds of strata management agreements – one that is apparently low cost but with lots of “Schedule B” charges that can trap the unwary.  If you think you might be consulting the strata manager every day or have a resident who is likely to do so, this is not for you.

        The other kind is an all-in charge which covers all possible eventualities.  If you are only likely to contact the strata manager once a year around AGM time, this is not the best use of your funds.

        It sounds like you have found one of the former type.  Ring around and see if there is anyone doing the latter and see which is more likely to suit your needs.

        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.
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      Reply To: Appointing a New Strata Manager
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      Forums The Professionals SCs and strata managers Current Page