› Flat Chat Strata Forum › NCAT – the NSW Tribunal › How can we get a Royal Commission into strata managers? › Current Page
It is concerning that strata management companies and self managed owners corporations can operate without due regard for their legal obligations, with access to funds held on trust for owners. It seems there is very little remedy for misuse of owner’s funds, whether by bad faith or incompetence?
Then there is the recurring question of secret commissions? What can be done when a strata committee and/or a strata manager are able to collude so that the owners are systematically bilked?
I do not know if a Royal Commission is the answer, but with a growing proportion of the community living in strata as our cities adopt higher densities for residential housing, the potential for serious problems is increasing.