Levy for Common Property windows not being used

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  • 15/05/2018 at 7:28 am #9199 Reply | Quote
    newlsie
    Flatchatter

      Hello,

      In 2014 the OC raised money to replace the common property bedroom windows. My share was $35k for two windows.  The money has been sitting in the OC account for the past 4 years and they say they need another 2 years and more money. 

      They are yet to commission a project manager and yes, this building is fraught with problems.  I took my $35k out of my mortgage and I calculated that if I had left it there I would be approximately $6k richer.

      Four owners lodged with Fair Trading but the SC refused to mediate.  I take exception to this inefficient use of our money.

      Can something be done about this?  Has anyone experienced this kind of issue before?

      Thanks

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    Reply To: Reply #20904 in Levy for Common Property windows not being used
    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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