Hi,
committee member for our strata will have a meeting about owner corporation taking loan from owners.
so what they will do is, owner can fix and maintain their property first then reimburse later from owner corporation at a later stage.
strata manager invite me to come to the meeting and there will be solicitor present.
is it good or is it bad?
has it to be agreed by all owners or committee member have such power?
thanks.
committee member for our strata will have a meeting about owner corporation taking loan from owners.
so what they will do is, owner can fix and maintain their property first then reimburse later from owner corporation at a later stage.
strata manager invite me to come to the meeting and there will be solicitor present.
is it good or is it bad?
has it to be agreed by all owners or committee member have such power?
thanks.