[Small strata wiz]

Hi, in NSW one penalty unit is currently $110. 

[Small strata wiz]

Our AGMs always used to be Saturday mornings, then the managing agent changed it to 4pm on a weekday, with a one hour limit, and less than a week’s notice by the time we received the letters. The immediate impact was that attendance dropped from 90% to 20%, with virtually no proxies submitted. It costs me half a day’s pay to get there. I reminded the agent that we were paying their fees so we should be able to stipulate the time and duration of the meeting. Their answer – “we only open in business hours” – they also know that they have no competition in a regional area, and rely on owner apathy to get away with it. Easy money for them I guess.

[Small strata wiz]

Thanks everyone for your replies. You’ve given me confidence to go back to the OC and managing agent.

Meryl

[Author]

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