absolutely stratas should be run as businesses. it cost me approx. $150,000 to resolve a strata dispute.
to cut a long story short the OC refuse to communicate with me, simply ignoring any request I make. it began when i first purchased the property over 25 years ago when they refused to renew my fence with the others because it’s leased. luckily the strata manager at that time insisted they did.
in fact over the years all the strata managers have resolved my issues until the last one who has now resigned. they’ve not followed engineering recommendations and how dare I query it and so it goes on.
i believe they’ve paid for things for works inside the lot of an owner who they like etc etc. there’s a strata law that an individual can’t spoil someone’s quiet enjoyment of a property but no strata law that an OC can’t do the same. they also intimidated my long term tenants until they left.
one of the top strata lawyers told me she often tells individuals not to go to court to resolve issues unless they have plenty of time and money – how fair is that?
i also owned a commercial strata which was run as a business, no favoritism. I only buy freeholds now.
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