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The owners corporation of our 32 unit, 4-storey, 5 year old block commissioned a building defects report nearly 2 years ago and it identified 100s of defects which have been costed at approximately $500,000 to repair, mostly on common property. There is no insurance thanks to our stupid laws and regulations and after lawyers contracted by the strata manager contacted the builder/developer, he declared himself bankrupt. So the owners have to pay and have a legal responsibility for repairs. Since then, through a combination of ignorance, stupidity, inertia, apathy, avoidance and pig-headedness little has happened and no funds have yet been raised to rectify the defects. I want to get the work done and could afford the levy required but there is the concern that many owners could not find the funds. Nevertheless, I believe the OC should be making a plan to raise special levies over a period of a year or so to get the work done but there is an inability on the part of the OC, for the reasons stated above, to move forward.
My question is, can I go to Fair Trading/CTTT to force the OC to act?
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