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Topic
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In Nsw.
At last year’s AGM it was discussed that a burst Flexi hide in a Lot occurred but and the S/M said it was the Owner’s responsibility. This is also duly recorded as owner’s responsibility in a document titled ‘Who’s Responsible?’ on the managing Strata Agencies website. Some time after the meeting the S/M even sent a flyer to all owner’s warning them to get all Flexi hoses maintained due to the damage they can cause. Can anyone help with the following:
1) Our building insurance is now due and low and behold there are two (2) insurance claims listed for two Lots – just after all of the above – both exceeding a total of 55K, both citing a burst Flexi hose as the cause? How so?
2) These claims have now pushed up our building insurance premium by another 5K this year!
3) The S/C were never informed of any of this. No documents, photo’s, quotes – not a single iota was provided.
Also the whole building is now so badly mismanaged the admin account is in deficit and the S/M is constantly just drawing on the capitol works fund, saying “there’s still money in the bank’. ??
Who’s approval do I need to rescind/terminate their contract as we still have another year of them, the S/C, the O/C?And can I get an urgent order from NCAT for this? I am so worried about our funds.