NSW: Q&A Suspect our Strata Manager of Misappropriating Funds

NSW: Q&A Suspect our Strata Manager of Misappropriating Funds

Question: We’re concerned our Strata Management Company is experiencing operating problems. Are there safeguards in place to ensure the Strata Manager is not using our fees to prop up a failing business? The strata manager has a fiduciary duty NOT to misappropriate the funds which belong to the owners corporation ie it is a relationship…