Our BC believes we meet the requirements of Section 130 to review the remuneration payable under our caretaking and letting agreement. What are our next steps?
Our BC believes we meet all the requirements of Section 130 to enable us to review the remuneration payable under our caretaking and letting agreement. Can you please clarify, that if the remuneration is not deemed fair and reasonable, but the caretaker won't agree to any changes in the agreement, what our next steps would be?
You need to be very careful to make sure you meet the statutory threshold.
The statutory review provisions are there for that very reason. The ultimate arbiter of a dispute like this is QCAT, but you need to be very careful to make sure that you meet the statutory threshold to be able to undertake one. The window of time to make an application can be quite tricky to prove up.
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With more than 30 years’ experience in property, management rights and body corporate law, Frank is a beacon of knowledge and a renowned strata-industry expert. Known for his straight-shooting style and commercially driven advice, Frank cuts through the most challenging legal problems to deliver real-world solutions.
An active member of the strata community, Frank generously shares his time and experience to help educate the broader industry on all things strata law. He embraces his role as an industry leader and is committed to continued industry innovation and ensuring everyone in the strata sector has access to practical resources and solutions as they navigate through the strata maze.
He regularly presents to all industry segments and also speaks at Queensland Law Society events on strata law issues to other lawyers. Frank is a regular contributor to LookUpStrata.
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