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second motion says if motion 1 is approved, $x from the admin fund is returned to the owners in 30 days.
This only works (in NSW) if the vote to “repay” the money is unanimous (section 77 of the Act). Under the Act, “unanimous” means that no vote is cast against the motion at a properly constituted general meeting.
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Any help out there or solution???
Get your owners corp to get in touch with our sponsors, Lannock Finance. They may offer a Levies Relief loan which will mean the owners corp isn’t out of pocket – interest on the loan will be covered by your penalty interest – and that will take the pressure off you to pay back the debt at the worst possible time.
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I had not heard of and do not accept as correct the quoted take on the section.
With all respect, what are you referring to? There are several quoted sections. It would help if you highlighted the section you are referring to and clicked on “quote” – that’s what it’s there for.
Also, we are getting off topic here. The question is, would you as an owner be prepared to carry a share of the debt of another owner until they sorted themselves out, or would you send in the bailiffs (figuratively speaking) at the first signs of long-term financial distress?
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It is not correct to say that that “the owners corporation would have been left high and dry”.
I have heard various takes on this, including that the owners corp must pursue the unfinancial owner for a debt repayment through a court, just to establish that the funds from the sale can be used to pay off the debt. I wonder if there is a difference between unpaid levies and interest invoked as a result of the non-payment, as well as the costs incurred in pursuing the debt.
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29/08/2023 at 11:47 pm in reply to: Can company with several lots appoint multiple reps to AGM #69946If some lots are bigger, they may get a higher number of votes.
I should have spelled that out. But the same principle applies, an owner has the voting power attached to all their properties and proxy vote limits would not come into it.
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I think that this can be done as a simple budgetary measure at your AGM. If the Admin fund has spare cash, change the budget so that more money from your levies goes into the capital works fund and less into the admin fund, drawing down on the admin fund for expenses, until such times as the amounts are where you want them to be.
If the money is required urgently, remember that 76 (2) only says the OC must decide on how the money will be repaid in 30 days – not necessarily to repay the money in 30 days (although experts are divided on this).
Whatever you decide, no one will be going to jail over this; there are no StrataKops.
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There is absolutely no guaranty that NCAT will order that your costs in full or in part will be paid for by the losing side ie the OC; and
But at leas if you win, Section 104 means you don’t have to contribute to the strata scheme’s costs and expenses accrued in defending the action.
104 Restrictions on payment of expenses incurred in Tribunal proceedings(1) An owners corporation cannot, in respect of its costs and expenses in proceedings brought by or against it for an order by the Tribunal, levy a contribution on another party who is successful in the proceedings.
(2) An owners corporation that is unsuccessful in proceedings brought by or against it for an order by the Tribunal cannot pay any part of its costs and expenses in the proceedings from its administrative fund or capital works fund, but may make a levy for the purpose.
(3) In this section, a reference to proceedings includes a reference to proceedings on appeal from the Tribunal.
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24/08/2023 at 8:40 pm in reply to: Can company with several lots appoint multiple reps to AGM #69907Smallish complex – can a single commercial entity (neighbouring nursing home/retirement village) owner of multiple units (with designs on the property, BTW) appoint multiple representatives to an AGM…
It’s a numbers game. If the company has more than one lot, then they are entitled to a vote and a nomination for each of those lots.
… and more importantly expect them all to be able to join EC?
But there is no entitlement to get a seat on the strata committee, just an entitlement to be nominated. What you have to do to protect your position is to make sure you have a majority of owners on your side.
With a majority, you can decide the size of the committee and the number of people on it, regardless of how many nominees the company sends to the meeting.
You could theoretically exclude them from the committee completely, if you wanted, or make sure there was only one or two spare seats above the numbers occupied by your supporters.
Ownership in strata in NSW gives you an entitlement to vote and if you have two lots, you get two votes, three lots get three votes etc etc. Multiple ownership doesn’t guarantee you anything else except the right to attend committee meetings (without speaking) and several sets of levies every quarter. However, all that changes if the majority of owners can’t organise themselves to vote as a group.
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There is nothing wrong with them except they’re about 2 inches lower than the prescribed height.
Well, that’s what’s wrong with them. But a rail or some security glass along the top would fix that. You don’t have to replace the entire balustrades if they’re otherwise sound.
would a strata be fined for NOT upgrading the balconies?
If the council ordered your scheme to replace the balustrades or make them safe, you could be fined for ignoring the order. But the order would have to come first – you can’t be fined pre-emptively
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I drove an electric car for the first time last weekend – from Hobart to Launceston – and I’m afraid my inner hoon took over at points. Zipping past lines of fossil-fuelled cars at the end of overtaking sections had an unexpected sense of exhilaration. My philosophical issue is that if we sell our rarely used sporty little Audi S1 and buy a new electric car, some boy racer will get their hands on it, drive it every day and the net effect on the environment will be negative.
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But you can post photos…………………………
Yup. Look below the reply window and you will see “attachments” and “select file”. As long as you have pic on the device you are replying from, you can link it there.
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You might want to tke a look at this ABC News video:
Calls for conveyancers to stop ‘unethical’ referral fees – ABC News
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Tribunal members are usually as helpful as they can possibly be to unrepresented parties. Just by hiring a lawyer a bad owners corporation does not magically become a winner.
The Tribunal was intended to be lawyer-free but this has been allowed to slide as Members felt they were wasting too much time explaining basic strata law to self-representing owners.
Yet one more argument for a fast-track system where a panel of experts – a strata lawyer, strata manager and independent committee member – could give litigants an immediate sense of whether their case was likely to fly or probably doomed to fail.
All most people want in these cases is:
- To be heard
- A definitive answer from an independent and knowledgeable source that they can trust.
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09/08/2023 at 2:04 am in reply to: OC manager approved change to facade without consulting Committee #69797The strata manager should have shown the committee the proposed “third” design. The committee should ,as Julie suggested, come up with a style guide for future windows and doors. The strata manager should not be approving work to which the committee objects and the cost of fixing this should be laid squarely at their door.
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I certainly am not interested in making it a civil matter. If it’s determined to be a strata issue I may possibly consider mediation at Fair Trading.
Yeah, but as others have said, it’s probably not an issue under strata law even if it is an issue with your strata scheme. I would send them a bill for replacement hedges and then see what happens.
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