#24330
Jimmy-T
Keymaster

    Just to add my two cents worth, Susan has lost the vote but perhaps not the battle. She and the other dissenting members probably have the numbers to call for a new general meeting (one quarter of unit entitlements) to force a discussion about whether or not a special levy is required.  They could get a strata loan, for instance.

    However, this time, they would be advised to hoover up any proxies they can get among those similarly alarmed by an $8k special levy.

    Having said that, the Owners Corp has a legal responsibility to maintain and repair and this is exactly what happens if previous owners haven’t been putting aside money in the sinking fund. 

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.