Topic: Third of the vote but no say – FLAT CHAT

This topic has 2 replies, 2 voices, and was last updated 11 years, 11 months ago by .

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22/09/2014 at 10:54 pm #9702 Reply | Quote
Jimmy-T
Keymaster
Our Strata fees are too high. Our Managing agent now wants to put them up another 30%. We have four units in the building, no lift, no pool. It is a 1920’s building in good shape.

We live in our unit and the other three are owned by investors and leased out. Two of the other owners always vote against us and the third owner never comes to the meetings.

We have no say whatsoever. This is becoming very stressful for both my husband and myself.

We hold 36% entitlement in the building and it is our home. Because of the situation we are going to have to sell our home, if they put up the Strata fees again we will have great difficulty selling it. The Real Estate Agents are already saying that the fees are too high.

The AGM is being held on 30^th September.

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Reply To: Third of the vote but no say

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