A Victorian Owners Corporation had an AGM at which there was no quorum. Under Victorian law, decisions are interim until owners are advised of this fact and have been given 29 days to convene another meeting. The manager sent out invoices prior to the 29 days. There was no further meeting. Are the invoices valid?
The minutes said that there will be a budget of a certain amount and that due to a possible structural issue there’ll be a levy, which was not specified. Whilst the calculations for the budget seem in order, the absence of the levy amount troubles me. Should the levy have been specified?
One lot owner has advised that the structural issue needs to be addressed. The manager has now made an estimate of the legal and engineering costs and has struck a substantial levy, approximately six months of Owners Corporation fees. There were no calculations to back up this levy. It’s unclear if the manager has the skills or authority to calculate or make such a levy, and if this should have been done by the Owners Corporation. Any thoughts?
The minutes said that there will be a budget of a certain amount and that due to a possible structural issue there’ll be a levy, which was not specified. Whilst the calculations for the budget seem in order, the absence of the levy amount troubles me. Should the levy have been specified?
One lot owner has advised that the structural issue needs to be addressed. The manager has now made an estimate of the legal and engineering costs and has struck a substantial levy, approximately six months of Owners Corporation fees. There were no calculations to back up this levy. It’s unclear if the manager has the skills or authority to calculate or make such a levy, and if this should have been done by the Owners Corporation. Any thoughts?
