What can a body corporate do about an alleged negligent body corporate manager?
- Read more about What can a body corporate do about an alleged negligent body corporate manager?
- Add new comment
Over the past 18 months, our committee has been investigating significant financial discrepancies that appear to have arisen during the tenure of our former body corporate management company. We have sought legal advice and have since engaged a new body corporate management company to assist in reviewing the historical records and accounts. While we have a good understanding of the issues involved and that the financial impact is likely to be significant, we have not yet been able to determine a definitive value of the loss.