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Hi Flatchatters,
My world is dealing with a strata manager that owns 3 lots with another lot owner who is the insurance broker of our scheme.
According to the SSMA 2015 this is somewhat not allowed. an AGM wasn’t held a couple years back is also illegal. They are also the leasing agent for another lot but on the committee too which according to the SSMA 2015 is as illegal.
A slight conflict of interests ? according to them ” no ” as long as they declare their commissions
I don’t think they have read the definitions of who can be a strata manager in SSMA 2015 and the Property Stock and Business agents Act 2002, maybe they know but don’t care as they’ve gotten away with it for many years.
It’s a setup that hasn’t sat well with me for years but finally after years of frustration and other owners thinking the same but were too scared to say anything, I think I’ve rustled up enough votes to get rid of them at the next AGM.
For all you others with pure frustration at your strata manager, as Flat Chat says, vote them out! If we vote them out we still have to deal with them at other meetings as owners only ( which could be interesting ).