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So now you are all aware I am having some building maintenance issue with let’s say invest 1. Invest 1. & invest 2 where under the same SM lets say SM 1. Invest 2. Is now under SM 2. And what a excellent SM never seen a SM work this way before, no nonsense and for the first time in over several years invest 2. Owners are working together and getting on.
Invest 2 when managed by SM 1. Was under compulsory strata management, whilst under compulsory strata management SM 1. Undertook illegal building works and the property ended up subjected to council orders and fines. SM 1. Did not take any liability and the Owners ended up resolving the issue, paying the fine and negotiating with the council. We would have liked to claim back from SM 1, however no Strata Manager Lawyer would represent us at the time. Common comment from lawyers was “will not seek indemnity from a strata management company as we have a reputation to up hold”.Now SM 1. Is managing with the same strata manager person invest 1. Isn’t this a conflict of interest? Any suggestions on what I should be doing? This situation has no concern to the EC under invest 1, it’s a personal issue so I have not raised it with them but should I?Thanks you, look forward to a response.
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