As I thought, the law changed earlier this year to narrow the window in which a strata manager can terminate thir existing contract and offer a new one. This Government website on the most recent changes to the law in NSW says:
- Managing agents are required to give notice of the expiry of their contract within three to six months before contract expiry.
To me that means not before six months and no later that three before the contract runs out. That should put a stop to any “rolling renewal” scam.
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
- This reply was modified 2 months, 3 weeks ago by .