Body corporate fees are important to everyone and anyone owning a strata titled property regardless of whether it is a commercial owners corporation or residential owners corporation.
What is set as the budget of an owners corporation at the annual general meeting is a projection and best estimate of the expenses for the coming year. Owners corporations budgets are also the basis for which levies are issued to owners.
A lot of the standard maintenance and servicing costs, building strata insurance, and strata management fees can often be accurately budgeted for. Throughout the year there can be unexpected and unforeseeable expenses that arise but this invoice from an unscrupulous body corporate manager was quite astounding.
Excessive Body Corporate Fees Charged by Unscrupulous Body Corporate Manager
The Committee was shocked when they received this invoice from their owners corporation manager. Owners corporation managers or body corporate managers are a professional service and often have stipulated additional charges for work beyond their normal scope.
This invoice, however, was ridiculous and outright ‘day-light robbery’… Lucky the manager has in recent years retired and exited the strata management industry but there are still companies out there doing the same or similar things.
The bill to the owners corporation totaled in excess of $11k… and included $8.75 for each and every email. The Committee was also suspicious that the count of the number of emails was exactly ‘250 emails’ or ‘260 emails’ on a few of the line items…
(After a tender process and various meetings, the Committee and owners corporation couldn’t wait to get from this particular manager). We’ve combined the $11k invoice into one image below as it’s one of those that has to be ‘seen to be believed’: