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  • #38381 Reply | Quote
    Panamenke
    Flatchatter

      Hi there

      I have searched to see if there is a similar question so apologies in advance if this has come up before and I simply can’t find the answer!

      I received the details of our AGM. It included Agenda, minutes of last AGM etc. in fact everything that should be there however in the Financial Report the breakdown is what I would call “generic” e.g. a heading says Trees and the amount $12,000 then there’s Plumbing – $14,220 and so on. I would like a complete breakdown of each item e.g. what plumbing, when and where and each itemised amount. The same for all the other expenses including the Agents Fees which just state “Management Fees” with the total amount. My question is – as I am an owner is the Managing Agent obligated to send me a complete breakdown of all of the expenses? If so, do I write and ask for this or do I have to go to the office and ‘sight’ the documents?

      Next questions relates to owners who are in arrears with their levies. There is a history with this Strata whereby owners who are in arrears have nominated themselves for the Strata Committee and got on to the Committee. The agent simply asks at the beginning of the meeting “is everyone up to date with their levies as of today” this is putting an onus on the owners to be honest and most of us are however there are 2 who are constantly in arrears and constantly vote at the AGM! The reason I know this is some time ago I was on the Committee and tried to challenge these decisions. I have not been involved with the Committee for over 3 years due to being in a serious accident and having to go through rehabilitation etc. Now I am on the mend I intend being more active again but do need some catching up on the new Strata Laws etc.

      Can you advise me – am I entitled to be given a complete breakdown of the expenditure over the past 12 months and am I entitled to know which owners are in arrears with their levies? I am an owner.

      Thanks

    Reply To: Reply #38384 in Breakdown of Financials for AGM
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