Must SM get three insurance quotes?

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  • 26/07/2017 at 11:57 am #11259 Reply | Quote
    Yakov
    Flatchatter

      Our SM provided his commission paid by insurance company during an AGM, but refused to provide 3 quotations from different providers written reason not provide it. He said that it is not required to do on AGM.

      I reckon that this is a breach of his contract as it is required according to the Strata Schemes Management Act 2015 clause 166.

      Is he is correct?

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    Reply To: Must SM get three insurance quotes?
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