› Flat Chat Strata Forum › The Professionals › SCs and strata managers › SM paid out funds, not responding to committee › Current Page
Thank you for your reply @scotlandx
I have lodged a complaint with the Dept of Fair Trading, but now we have wait for them to respond.
Since my first post we have been calling and emailing every day and requesting a response from the Licencee.
The receptionist sent us a copy of “their record”, which was just a email (non-business style) in the form of a quote from “the painter”.
We never saw that email or the quote for that amount (interestingly the cost of our original indicative quote for raising of levies 2yrs ago has gone up from $29k to $39k)
Obviously I fired back it was not provided to us, authorised by us, it’s not a tax invoice and there was no works agreement entered into. Respond to our email, and get our money back.
Yesterday afternoon, the Licencee sent a rather abrubt email, claiming he made an honest error, $20k will be returned Mon/Tues. But the $18k will have to wait until “painter” gets new work to start paying us back. But Licencee said, “if we need the money, until then, he’ll spot us”.
So not only do we have a problem with the actions of the SM, we are effectively propping up the cash flow of a 3rd party, he has no right to have the funds in the first place.
I am looking at having our SM agreement terminated early to get us out of there. I have previous minutes of actions not done, emails of follow ups (that also confirm verbal coversations held), and I have reviewed the agreement to the best of my ability. We have a year to go. I have emailed all the owners what the Treasurer have identified, actions taken and next steps. I know they will support the move in heartbeat, just not do the work to do it.
Any additional actions I should take or be wary of I would be grateful
Thank you