Posted by Grant Beaumont on February 26, 2015

SELF MANAGEMENT OR STRATA MANAGEMENT?

SELF MANAGEMENT OR STRATA MANAGEMENT? The owners corporation has a duty to control, manage and administer the common property for the benefit of owners.  These duties are set out in the Strata Schemes Management Act 1996 (‘the Act’). Both the owners corporation and executive committee should be alert to the obligation to perform the duties, since the ultimate sanction for failure is removal of the control, management and administration from the owners. An Adjudicator or the Tribunal may instead appoint a compulsory strata managing ag