Leaving the Body Corporate…….?

By 11 March, 2012 12

Hi, we are thinking about leaving the BC that we are with. Are there any points to consider when leaving? Are there exit fees, any nasty surprises?

Thanks

Please login to post your comments
12 Responses to Leaving the Body Corporate…….?
#1
Padoof10:49 am, 11 Mar 12

I don’t know that you can ‘leave a body corporate’ short of selling up and leaving?

Isn’t it like a committee made up of the residents of the collective units/townhouses? If you don’t like who is the body corporate, you can’t really ‘opt out’. The idea of the body corporate is to act on behalf of the entire property for matters relating to things such as maintence, insurance, governance.

Happy to be corrected :-)

#2
shauno11:00 am, 11 Mar 12

I recently had a problem when they made me take down my foxtel dish even though others where up there and wasn’t in anyway effecting the building or appearance. Basically it was purely out of spite because I didn’t go through their bureaucratic process.

#3
TheDancingDjinn11:16 am, 11 Mar 12

Padoof said :

I don’t know that you can ‘leave a body corporate’ short of selling up and leaving?

Isn’t it like a committee made up of the residents of the collective units/townhouses? If you don’t like who is the body corporate, you can’t really ‘opt out’. The idea of the body corporate is to act on behalf of the entire property for matters relating to things such as maintence, insurance, governance.

Happy to be corrected :-)

I was the same – i never thought you had a choice to have it or not??

#4
toriness11:30 am, 11 Mar 12

if you mean get rid of your current body corporate STRATA MANAGER then the best time to get rid of them when at the AGM usually they are reinstated in the role but you should check whether there is a contract in place for longer than a year-to-year basis. if there is a contract then that’s where the exit fees will be found. have you talked to them about performance issues to give them a chance to pull up their socks?

#5
Watson11:32 am, 11 Mar 12

shauno said :

I recently had a problem when they made me take down my foxtel dish even though others where up there and wasn’t in anyway effecting the building or appearance. Basically it was purely out of spite because I didn’t go through their bureaucratic process.

“affecting” (You did say, happy to be corrected.)

I’m pretty sure that you would have agreed to obey body corporate rules when you bought the place? You can contest their decisions, but I very much doubt you can opt out. But you’ll need to confirm this with someone with more legal knowledge than me…

#6
PoQ4:54 pm, 11 Mar 12

As Padoof said, if you want your flat out of the BC, you can’t. Common Property and all that.

You can change Strata Managers, but who’s going to do it for you? In Queanbeyan, MacNamees have a stranglehold on the market, tho’ there’s some bunch from the South Coast (Sapphire something) and Ray White have the new block on Henderson Road. I make no comment on how good any of them are; I suspect they’re as bad as each other.

You could check out http://www.flat-chat.com.au/ which hangs off the Sydney Morning Herald website.

Alternatively alternatively, you could practise your political (as in branch stacking, getting people to agree on anything) and managerial skills (as in, getting the paperwork – legal liability – in order for when the wind blows a foxtel dish through a car windscreen in visitor’s parking) and accounting (preparing a P&L statement, a budget, collecting the strata fees) by running the joint yourself. Nominate yourself and a bunch of friendly residents at the next AGM. How difficult this is depends on how big the complex is.

Go to the library, see if you if you can find a copy of “Apartment Living” (Williams and Thomson, ABC Books, ISBN 0 7333 1451 1, 2004) for a good guide to general procedures. There may be others, too.

Good luck. Let us know how you get on.

#7
Flatone5:28 pm, 11 Mar 12

Yes, leaving the bc strata manager!
Thanks all for the comments.

#8
bd849:34 pm, 11 Mar 12

Flatone said :

Yes, leaving the bc strata manager!
Thanks all for the comments.

You cannot leave the bc strata manager. Your only option is to vote the existing manager out at an agm in conjunction with the other owners in your bc and replace it with another bc manager.

#9
tidalik7:56 pm, 12 Mar 12

Our body corporate has been self-managed for about two years. It saves everyone heaps of money, but it depends on a few dedicated people (mostly retired live-in owners) to keep it running.

#10
watto239:31 am, 13 Mar 12

our BC strata manager is absolutely hopeless. Although for the next AGM they’ve kindly provided us with a new schedule of fees, so not only do we pay an annual fee, we now pay for them to do something. Fortunately in a small BC of 20, getting things done is often easy. There are 6 or 7 of us that makes things tick.

#11
shoebmahmud2:57 pm, 20 Mar 12

Would it be rude to ask which BC u are dealing with?

#12
Bluey4:30 pm, 20 Mar 12

Ive always wondered how the BC penalises of punishes you or whatever if youre an owner? Can they fine you or een have you kicked out or something? What if you just ignore them?

Advertisement
GET PREMIUM MEMBERSHIP
Advertisement

Halloween in Australia?

View Results

Loading ... Loading ...

IMAGES OF CANBERRA

Advertisement
Sponsors
Advertisement
Copyright © 2014 Riot ACT Holdings Pty Ltd. All rights reserved.