Hi Guys,
One of my Body Corporate Managers has just sent me a letter stating that he has joined the Institue of Body Corporate Managers Victoria and has sent a new Body Corporate Management Agreement for us to approve in our next AGM
The new agreement sets out a list of charges, to be charged at the manager's discretion, that make our fees unlimited
It also states that it will be automatically renewed each year, at the manager's discretion, unless the body corporate passes a motion one month prior to the AGM and lets him know in writing Very difficult to do before the AGM
I havent' talke to him yet to find out where this has come from, or why he thinks that he needs this new contract
Has anyone else had one of these proposed to them? Has anyone else heard of the Institue of Body Corportate Managers (Victoria, or any other state)?
Cheers, Medine
One of my Body Corporate Managers has just sent me a letter stating that he has joined the Institue of Body Corporate Managers Victoria and has sent a new Body Corporate Management Agreement for us to approve in our next AGM
The new agreement sets out a list of charges, to be charged at the manager's discretion, that make our fees unlimited
It also states that it will be automatically renewed each year, at the manager's discretion, unless the body corporate passes a motion one month prior to the AGM and lets him know in writing
Very difficult to do before the AGM I havent' talke to him yet to find out where this has come from, or why he thinks that he needs this new contract
Has anyone else had one of these proposed to them? Has anyone else heard of the Institue of Body Corportate Managers (Victoria, or any other state)?
Cheers, Medine
