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NSW: What happens if all strata office bearers resign and no one replaces them?

NSW@2x

Question: What is the procedure when the Secretary/Treasurer and Chairperson are about to resign and no others want to fill the position?

What is the procedure when the Secretary/Treasurer and Chairperson are about to resign and no others want to replace their role due to current conflict between owners/other committee members? What happens as to arranging upcoming AGMs etc?  

Answer: Generally speaking, there are a number of functions of an owners corporation that can only be managed by a strata committee or by a strata managing agent.

I assume from your question that your strata plan is self-managed and you do not engage a strata manager to manage the affairs of the building.

Generally speaking, there are a number of functions of an owners corporation that can only be managed by a strata committee or by a strata managing agent. Conduct of meetings, levying of contributions, banking and insurance are among those functions. If you cannot form a new committee or the other owners in the building do not feel they possess the skills to fulfil the functions of the strata committee, you will need to consider hiring a strata manager.

Clearly, this is an additional cost but it might be necessary in your circumstances. It may also make sense to engage a strata manager if there has been ongoing issues between owners. A good strata manager can also assist in helping with these tensions.

This post appears in the February 2021 edition of The NSW Strata Magazine.

Michael Ferrier EYEON Property Inspections E: michael.ferrier@eyeon.com.au P: 02 9260 5510

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