Voluntary administration in a strata situation.

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  • 09/07/2012 at 1:26 pm #8241 Reply | Quote
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    Flatchatter

      I am looking for information about voluntary administration in the strata setting. Where could I find relevant information about clear options to present to an AGM about a way forward for about 150 owners with loads of debt (about $15 million incurred from defective building, resultant legal fees, expert opinion and remediation works..not completed). The builder has just gone into voluntary administration…do we need to as well? The committee is not sure where to get sensible advice and options as there is so much disagreement and no absolute knowledge about a way forward.Extremely stressful!!!

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    Reply To: Reply #15834 in Voluntary administration in a strata situation.
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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