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I just bought a property and have just received a notice for a special meeting to raise a special levy of just over $1800 each to fix my neighbours roof.
I have several concerns:
1. In my strata report it says all roof’s have been replaced apart from one as they were all damaged however Lot 3 roof was not damaged and did not need replacing.
2. It was noted that a quote was received for roof replacement – possibly to do in 2016 but as there were no issues at present they did not proceed to get the work done.
3. If there is now a problem with the roof should insurance not cover it?
4. There is minimal money in the sinking fund however should what is in this account be used towards the cost.
5. I was advised that sometimes length of ownership is taken into consideration with special levies. Is this true and if it is how do I address this at my meeting.
6. My biggest concern is that they want to hold the meeting 21 May and pay the full amount on 1 June. I have savings leftover but had not anticipated this cost so soon and don’t want to leave myself short – do I have any rights at all (i.e. to pay in instalments).
7. Only one quote has been obtained – surely they should get at least 3????
I noted that a special levy of $6k was raised 12 months ago for another roof replacement – I will be raising this at the meeting as I think this must be poor management if they are not taking such foreseen expenses into account.
