Flat Chat Strata Forum Common Property Current Page

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  • #9199
    newlsie
    Flatchatter

      Hello,

      In 2014 the OC raised money to replace the common property bedroom windows. My share was $35k for two windows.  The money has been sitting in the OC account for the past 4 years and they say they need another 2 years and more money. 

      They are yet to commission a project manager and yes, this building is fraught with problems.  I took my $35k out of my mortgage and I calculated that if I had left it there I would be approximately $6k richer.

      Four owners lodged with Fair Trading but the SC refused to mediate.  I take exception to this inefficient use of our money.

      Can something be done about this?  Has anyone experienced this kind of issue before?

      Thanks

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    Flat Chat Strata Forum Common Property Current Page