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Debt Recovery Fees - Owner to Pay.
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LawoftheLand
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22/12/2018 - 3:45 pm
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Hi,

A NSW lot owner has requested to waive a debt recovery fee claiming notification of such (by mail or email?) was never received.

The Strata Manager has forwarded this request to the S/C for a majority determination stating the owner should pay (which I agree) but if the S/C approve to waive the fee then it will be paid by O/C funds.

Considering our admin fund is in severe deficit and the fact it would set a precedent – I am totally against it. 

My question therefore, is this a matter for the S/C? I wouldn’t have thought so.

Thank you.

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Jimmy-T
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24/12/2018 - 1:45 pm
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There is liability for the cost of debt recovery written into the legislation.  Ignorance is no defence under law. The owners should pay – end of story.  And if I were another owner who was facing paying a share of debt recovery costs, I’d be filling out a dispute form with Fair Trading and NCAT right now.

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LawoftheLand
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25/12/2018 - 9:52 pm
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I agree wholeheartedly. I don’t care if it’s $50 or 25 cents. Why should O/C funds cover another’s ignorance/story?

Thank you Jimmy.

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