#20353
Cosmo
Flatchatter

    Hi again Dudley, Two things I forgot to comment on. You raise ‘time’ and ‘responsibility’.  

    It will be bit more time consuming in drawing up formal document eg accounts, agm agenda/minutes but I found much of this was negated by not having to constantly contact the Strata Manager.  As for responsibility for the OC overall there is no difference although the individual owners who do the paperwork/communication may feel a bit more ‘pressure’ but the OC gets things wrong (with the exception of insurance and keeping the common property in good order) there is no real damage done in my opinion. And of course we have found that, in practical terms, it is a lot more rewarding and cost effective.