Caretaker contracts limited to 10 years being extended beyond by options

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  • 19/05/2015 at 11:52 am #10047 Reply | Quote
    bearforce1
    Flatchatter

      Hi all, 

      I am in a large apartment block in George Street Sydney. 

      At our last AGM it was resolved to give the Caretaker an additional 5 year option to their existing contract for being so excellent. This brings the contract terms from 2031 to 2036. 

      The legislation limits these contracts to ten years. What can I do about this if anything?  

      Our caretaker has for years held a large proportion of proxy votes 90 out of just under 400 apartment. Our caretaker is in effective control of our building. This together with the long contract has made people give up hope of making any progress or changes.

      Even our chairman admits that there is nothing he/we can do. He said if he says something he will be removed and replaced with someone else. 

      Please help….

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    Reply To: Reply #24955 in Caretaker contracts limited to 10 years being extended beyond by options
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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