#18192
Cosmo
Flatchatter

    @Bewildered Owner said:

    • The building manager is a part time contractor and also an owner

    Look forward to your reply

    Still Bewildered

     

    Hi Bewildered, 

     

    I have one suggestion if the OC does engage this building manager who is also an owner.  I would suggest that appropriate safeguards be put in place to ensure that the OC is getting proper value for any work done.

    A block of units I was involved with did engage an owner and it worked very well but I have heard of stories where OC’s have been either short changed  or the building manager/owner being accused of misconduct. 

    In the block of units I was involved with formal procedures were put in place whereby independent quotes were regularly obtained for all work done by the owner/manager.  The independent quotes should not be obtained by the building mangager/owner.  Such action safeguards both the building manager/owner and the OC from claims of favouritism and financial mismanagement. 

     

    I realise that my comments do  not go to the initial issue you raise, however, feel that in terms of transparency they are important.