Sir Humphrey wrote:
The question I would have is: This system sounds like it has been set up by a provider who might expect to manage the system for years into the future, handling billing and maintenance for the OC. In the ACT, the Unit Titles (Management) Act prevents an OC from contracting with a service provider for more than 3 years. Is this the same in NSW?
I think strata management agents’ contracts are the only ones limited to three years in NSW. Some embedded infrastructure agreements are being signed for 99 years, but consumer protections in NSW allow lot owners to opt out of embedded energy agreements, so that could complicate things.