#26983
Sir Humphrey
Strataguru

    @FrustratedLNS said:
    …As soon as it is clear they have been breaching the legislation for years I am going to make submissions that owners are entitled to an audit of the finances and all decisions affecting the common property (I worry the necessary paperwork doesn’t exist if I try sell my place) since we have been denied due process and transparency in the decisions and we are entitled to know exactly what he has been up to and I am not paying for it!

    Why not arrange to visit the managing agent’s office and ask for a copy of the ‘Account Payments’ for (say) the past 12 months? If they use software anything like the software our managing agent has, they should be able to produce a complete list of every payment from any date to any other date, and do so almost instantly. Then work through that till you have a list of questions for the treasurer.

    If possible, ask to arrange a time with the treasurer to work through it face to face. Much of it will be routine eg. 85% of the expenses of our OC are for three items: our managing agent’s monthly fee, our grounds maintenance guys monthly bill and the annual insurance. All the rest is relatively small beer such as some plants, some mulch, some repairs to a bin enclosure, printing a newsletter, replacement light globes, an electrician call out to repair a light etc. You might find there is a reasonable explanation for everything or you might find the smoking gun you should focus your attention on.