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[Concernedsister]

My brother-in-law owns an investment property that is a unit in a block of  <10.  Until about 2-3 years ago, the rent paid a substantial part of the mortgage.

The company that manages the property has over the past 2 years purchased the majority of the other units, and so now holds power on the EC (or board or whatever it is called). 

With this new power, they have raised and passed multiple special levies- primarily for cosmetic renovations. The number of special levies has increased so dramatically, that my brother-in-law no longer receives any rent because all rent goes the property managers first, who then deduct the special levies.

This is a very nice arrangement for the property managers because they are receiving all the cash and getting other owners to increase their property value- however, for my brother-in-law, it has caused huge financial stress as he now has to pay all the mortgage from his salary & can’t sustain this- forcing him into a position where he must sell the unit whilst the market is down and before the cosmetic repairs are done.

Is there anything he can do to get out of this situation?

Can he appeal the multiple special levies?

Is there anything he can do about conflict of interest of the property managers also owning a majority in the building?

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