How do we rebuild strata records after a poor handover from our outgoing strata managing agent?

NSW
Management & Agreements
Rules & Bylaws
question
Lookupstrata community member

Our outgoing strata managing agent left large gaps in the records at handover. How can the owners corporation reconstruct them if the new agent won’t help?

Our outgoing strata managing agent didn’t provide a complete handover, and an extensive amount of our records are missing. Our new strata managing agent is reluctant to help reconstruct them.

What can we do about the missing records?

answer
Leanne Habib headshot
Leanne Habib Premium Strata

The owners corporation should consider action against the outgoing strata managing agent for failing to provide a full handover, and potentially report them to NSW Fair Trading.

It is unclear why your new strata management company would be unwilling to assist with the reconstruction of the books and records. However, it may be because they would need details, information and knowledge for events prior to their appointment.

The owners corporation should consider action against the outgoing strata manager for failure to provide full handover and potentially report them to NSW Fair Trading, the Real Estate Institute of NSW (REINSW) and Strata Community Association (SCA (NSW)).

The outgoing strata managing agents should be held accountable, in particular where they were paid a management fee to properly maintain the books and records of the owners corporation and as such should provide a full handover of the records.

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