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There has never been any real in depth investigation into Strata and all that it implies and this is thanks to those ” high powered” individuals. The manager we currently have thinks he is a law unto himself and no one can or will stand up to him. Recently at an AGM, 1 owner cowered so much in his presence, I imagined in my mind a act, that some may know what i mean. Stopping short of “brown nosing” etc.
I have found also that many people are led as if they are sheep and believe what they are told but they should think and realise something in the word believe is LIE.
I do laugh, at the insanity of it all and the simple ignorance of many owners for one reason or another and as result my sanity has stayed intact.
Mars here I come. Anyone want to come along for the ride?
Yes, it would be easier to walk to Mars and back again then see action taken in the strata management industry and owners corporations. Dept of Fair Trading is a Joke and the minister icing on the cake, 48% of strata buildings are owned by the chinese according to A Current Affair last night 2/1 and what does this mean for owners who buy a unit to reside in, No Rights because the Strata Management industry takes advantage of absent owners and bully the minority when they start making some noise. Action will only ever be taken if owners stop being bullied and make LOTS of Noise.
But i am probably kidding myself, because 1 owner will in a way receive financial gain and manipulate the majority into doing what they want.
I have experienced that Owners and strata management will only tell you what they want you to know.
I can’t put it any more simply than this. Owners who feel and perhaps know that something is not right need to take action, make some noise and then Dept of Fair Trading and the Minister will sit up and take action into investigation of the Strata Management Industry whether DIY or Management company.
I, somewhat. agree with the quote if stupidity relates to the fact that owners are thinking their strata manager is being entirely honest with them they are kidding themselves. Some strata managers are more skilled in the art of manipulation and telling a person what they want them to know then a car salesman.
Also, if there is 1 owner that suspects something is going on. The person is outnumbered by the majority. As the majority don’t care, not interested, feel satisfied by the service, can’t be bothered as it’s too hard and lastly let down by the Dept of Fair Trading as they can’t see anything wrong.
A couple that ran a strata management company in wollongong stole close to 2 million dollars and another woman stole over a million and a man that did the same in sydney. These were all in the SMH. Thes are just 3 examples. how many more that are not known or found out. Strata has been around since the early 1960’s how many managers in the past 50 years stole and got any with it, I wonder and without owners taking a vested interest in where their money is actually going and looking in to the finances of their individual strata scheme. Managers will continue to steal money in one way or another.
Strata management is the least investigated industry around and this is been taken advantage of and exploited.
Tiny, you have to, first ask yourself, why there is no money in the admin fund and sort this issue and ask for receipts from the strata manager, if you have one, before you [raise] sinking fund levies. Some investigation needs to be done in regards to strata finances, rather then pressuring other owners to raise sinking funds which only some strata managers profit from (allegedly)
Allegedly, some strata managers are making huge profits, charging for things that don’t exist and some make deals to overcharge owners corp.
I have. For example when I received a copy of a receipt for a window replacement it was close to $1400 but the suppliers of the window receipt showed a amount only close to $1200, now i have been labelled a trouble maker. All because I am interested in where the money is going.
Jimmy
You mentioned something about forms and demanding a hearing. Can you either tell me where i can find these forms or give me further information about them? From my investigations into the records i have been able to get and looking at the relevant legislation.
the owners ledger does not show any other owner being in arrears but us and i find this to be strange when the bank statement clearly shows there are arrears of the other owners.
it has been allowed by the past strata manager for a proxy to sign the agreement and a proxy by legislation cannot do this.
You are correct that dept of fair trading will not investigate due to lack of resources. I have first hand knowledge of this and it seems that if I don’t take action then none will be taken and yes, no one else of the owners corp wants to challenge it. I know for a fact that 1 owner did not ask permission of the owners corp to do renovations to the unit and this is a breach of the legislation. i think that 1 or more owners are afraid that i may or will uncover something in the records that prove my claims and they want me gone before this occurs. Well i want to challenge and find out. So if you could please answer my question at the beginning and find out the truth it would be appreciated in so many ways. Thank you
Seriously has any one got any suggestions on what to do in a situation like this or if anyone has had similar happen to them
There is no EC and I haven’t been able to find anything in the legislation that is directed at the wording of motions just about meetings and when they should be held and what should be made available, ie financial records. The agenda stated that it was by ordinary resolution but i later found that some motions should be classed as either special or unanimous. What these are i am not sure. No one spoke up at the GM and it stated in the minutes “Management” motion resolved. As for who was actually financial, there was no bank statements to verify and i have since found out that a person can give a cheque that has no funds but this is considered financial, JS muellers lawyers wrote a short article about this. Having changed managers and trying to get the new one to put a marker that the motion was not correctly worded has been difficult. What does someone do in this situation? If the motion is not correctly worded could this mean that the agreement of the new agent is deemed null and void and could i argue this before a tribunal member?
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