Re: Dysfunctional EC

@Marvin said:

@Greentea said:
With your own OC Marvin, with such a casual approach how do you actually know if other owners are comfortable with what the EC is doing – because they don’t know about it so how can they give you that feedback?

Most of our owners don’t really care.  At the last 2 general meetings, only the EC members showed up.  I suspect that if the other owners had grievances or concerns, they would have attended.  Common property is properly maintained.  Our financials are very healthy.  The EC members own 50% of the lots, and are very knowledgeable about construction, property maintenance, and financials.  In reality, I can understand why the other owners take little interest.

Owners have my contact details, and do contact me regularly – not just with problems, but with praise.

So we might be “casual” with respect to strict compliance with meetings, but our focus and priority is on ensuring that our common property is properly maintained, our strata manager performs, by-laws are enforced, and our financial position remains strong while keeping levies as low as possible.

 I understand that, and have previously owned a property in a very similar OC. 

I wonder though, if someone wanted to buy into your OC, what records could they peruse, other than the AGM minutes,  to satisfy themselves that work was being done, that the strata manager performs, that by-laws are enforced and that the financial position remains strong?