#36749
Jimmy-T
Keymaster

    Section 139 (1) says this: A by-law must not be harsh, unconscionable or oppressive.

    Given that all strata schemes must have insurance, isn’t expecting anyone hoping to undertake renovations to have that sort of money lying around (as well as for the costs of the renovations)  all of those things above.

    A $2000 bond is arguably reasonable because it would cover the initial costs of making a claim for damages.  But $10,000?  I would be knocking on NCAT’s door to get this overturned.

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.