Body Corporate Spending

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Have you read this compelling article by Frank Higginson on Look Up Strata?

It’s filled with interesting insights. Here’s one that’s really fascinating:

It would be very difficult to sheet those costs home to the individual committee members and it is probably going to be something that the body corporate bears the costs of. That being said, any decisions should be authorised by the body corporate so what should happen is that all the decisions and spending is sought to be confirmed at a general meeting.

Any concerned owners should seek to be put on the committee so that any future decisions can be managed with their input (of lack of decisions stopped).

For more of Frank Higginson’s wisdom on this strata management subject, check out the full article.

Read the source article at lookupstrata.com.au