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Thank you Lady Penelope!

i just felt I was fooled by the SM again. I thought we should have other options like you said we can go back to the original certifier.

at the AGM, when I voiced my concern and voted against engaging a cladding inspection at this time, lots of owners were angry at me. They either felt they will get burnt if we don’t do a cladding inspection, or they felt we will pay higher fee to get an inspection done once it’s legislated(this was suggested by the SM). Lots of owners trust this SM as he is a professional, they don’t trust my judgement as i’m nobody.

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Thanks JT and Puddn!

this SM is just so cunning and we really want to kick him out. The strata company is ranking top 5 based on the units they manage in NSW. They are actively seeking for new buildings from the developers and their fees are excessive(I think every lot pays $400 a year for both admin and mgmt) and it’s way above industry standard.

before the 2015 Act came into force in nov 2016, they had all the buildings they manage sign a three year contract with them under the 1996 Act. Our scheme did too and the agreement will expire next year.

I went through the SMS and one of the clause said ‘the member must appoint the same SM the BMC appoints’. The developer entered into a 5 year agreement with this SM in 2014 and it will expire next year too.

I was just elected as our scheme’s committee member and the BMC rep. I really need to discuss about seeking independent advice to make sure we can get rid of this SM next year.

thanks again!

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Thanks Jimmy!

we have 121 lots in the building, 3 lifts, no gym no pool. The SM made 15 year projections for us. The numbers are very scary, $110k pa for next 2 years, then gradually increase to $180k in 15 years’s time.

i’ll plan early for this. Many thanks

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