Insurance Commission to Strata Manager?

[Able]

Does anyone know whether it is standard practice for a commission to be paid to the strata manager for building insurance on a property they manage? The strata manager has used a broker to organise insurance renew on behalf of the owners corporation. The insurance prices from the broker include both a broker commission (normal practice) and another commission of about 12% to the strata manager.

Regards
Able

 

[Alabex]

this doesn't suprise me - strata managers charge for everything!!!

 

[Perp]

That sounds outrageous to me, and reminds me why I avoid properties with a body corporate...

 

[JoannaK]

as long as they declare it they can.