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Hi…can funds in an AGM approved maintenance plan be used to pay for ‘maintenance’ items that are not listed on the maintenance plan?
This is in Victoria for a non-prescribed OC that however does have a Maintenance plan that was approved at an AGM.thanks
Tony
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I can’t see why not. maintenance issues can arise unexpectedly, and inaction could exacerbate them or cause other problems elsewhere. As long as the action is discussed, voted on and minuted, there shouldn’t be any problem – unless it means planned maintenance is delayed in a harmful way.
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.
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