› Flat Chat Strata Forum › Strata Committees › ” what is an acceptable level of conflict of interest ? › Current Page
Thanks Excathedra for the response,
Things have escalated slightly over the weekend, our building has started remedial building works 2 weeks ago ( yes part of which was the $8k the Strata manager / principal owner dismissed ). My apartment and the 3 others on the top floor have now lost all their tenants and will more than likely be vacant for at least 2 months due to repair works being carried out, I told him about the situation and his response to me was ” you can’t expect the other owners to pay for the lost rent! The project manager was organised by the Strata and seems to have an excuse for anything you question that puts him in a bad light, already we have seen bad practices going on. I know that section 161 of the SSMA 2015 covers damages to property caused by defects that are not rectified by the OC. Strata Insurance usually covers loss of rent when fire , water, storm or insured events occur which make lots uninhabitable but what happens when you lose rent or the lot is unihabitable due to necessary works ordered by the OC like in our case.