› Flat Chat Strata Forum › NCAT – the NSW Tribunal › Compulsory Strata Managers – the nuclear option › Current Page
does anyone know if a compulsory strata manager can set levy amount? I found the following statement
A compulsorily appointed strata manager (CSM) can do anything the terms of their appointment permits. In most cases this includes drawing up a budget and setting the levies to finance it.
They are different from a regular strata manager who has to do what the strata owners want (within legal bounds). In the case of compulsory or statutory appointment, the owners have to do what the strata manager wants.
Seeking the appointment of a CSM is the Nuclear option and if you are ever considering it, you and the other owners with whom you are in dispute (assuming you are in a dysfunctional strata scheme) need to know that for at least a year and probably two, you will lose the right to manage your own strata affairs.
That means the CSM can order work to be done by their choice of tradies at their agreed costs. That’s why some tradies say that having a good relationship with CSMs is a licence to print money.