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Reply from Vic
In my old strata scheme (luckily escaped it now), there was a public car park with each space owned individually. Nation-wide Parking Company X decided to overquote so the car park owners decided to dump Nation-wide Parking Company X (silly decision) and nobody else wanted a bar of it – just too difficult to manage. Over 100 individual car parks owned by mum-and-dads. Now the $20,000 car parks are worthless and the owners refuse to pay levies. Because they are so small in $ and so many in number, it is next to impossible to get them to VCAT. A couple do pay their levies and I think that is just so they can cause hassle at AGMs and in general be disruptive. They had the gall to try and sack the committee a few years ago. Impossible to solve I think. The debt is almost a write-off.
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