#25944
Lady Penelope
Strataguru

    Not advisable as you would be breaking a Contract.

    I suggest you read the Contract, particularly the section on how to Terminate the Contract, grounds for Termination, and what repercussions occur for the strata scheme if the Contract is Terminated. Your scheme may be required to pay your strata manager a lot of money as a penalty for breaking the Contract.

    Termination of a contract may occur where there is poor performance by a strata manager but be prepared for a fight.

    Unless something has gone really wrong it may be best to stick with your current strata manager until the Contract date comes to an end.

    See the Act for Strata Managing Agents (Sections 49 to 65) at

    https://www.austlii.edu.au/au/legis/nsw/consol_act/ssma2015242/#s48

    and Strata Managing Agent agreements may be terminated or varied by Tribunal at

    https://www.austlii.edu.au/au/legis/nsw/consol_act/ssma2015242/s72.html