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Posted 29 September 2014
Category: Strata
Ever more is expected of strata managing agents, in terms of the broad range of issues they are required to deal with and in terms of the high standards expected of them. This can make strata management a risky undertaking, as confirmed by several recent cases, in which large damages awards were made against agents.
There are some steps which can be taken to manage that risk. In particular, a strata managing agent should consider the following:
***The information contained in this article is general information only and not legal advice. The currency, accuracy and completeness of this article (and its contents) should be checked by obtaining independent legal advice before you take any action or otherwise rely upon its contents in any way.