NSW: Q&A Strata Management Quotes and Appointments

 

Question: We had no knowledge an EGM was held to appoint a new strata management agent. Is this legal? Isn’t 7 day’s notice required for an EGM?

Recently we found out that an EGM was held to appoint a new strata management agent. We had no knowledge of the EGM or the proposal for new managing agents. The vote was in favour of appointing the new strata managing agent.

Is this meeting legal? I thought all owners must receive notification of an EGM at least 7 days prior indicating the motions etc. At this stage, we still have no information about who the new agent is or what the fees will be.

Answer: Yes, the general meeting requires 7 days notice and the proposed strata management agency agreement must be tabled at the meeting or circulated with the notice.

Yes, the general meeting requires 7 days notice (together with 7 business days postage if notices are distributed via Australia Post). Further, the proposed strata management agency agreement (indicating fees and charges) must be tabled at the meeting (or circulated with the notice):

49 Appointment of strata managing agents

49 Appointment of strata managing agents

  1. An owners corporation for a strata scheme may appoint a person who is the holder of a strata managing agent’s licence under the Property, Stock and Business Agents Act 2002 to be the strata managing agent of the scheme.
  2. The appointment is to be made by instrument in writing authorised by a resolution at a general meeting of the owners corporation.

For the full question and our detailed response, visit the original publication at Look Up Strata.

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