Knowing your limits

Written on the 12th of July 2010 by Frank Higginson

A body corporate is a creature of statute. That means that it can only do what legislation allows it to do.

In recent times we have been engaged by both bodies corporate and disaffected owners to advise on matters where body corporate spending has allegedly gotten out of control.

These circumstances giving rise to this increased spending have included:

• renovations and repairs of common property;
• engagement of lawyers for initiating legal disputes;
• engagement of third party contractors; and
• ‘project’ work where items were individually itemised...

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