Our inbox has been pinging away this week with support for last week’s suggestion for a new standard form strata management agreement. What’s been surprising however, is the level of support for short form agreements with strata owners able to terminate before the end of yearly terms if they want to go elsewhere. It seems enlightened practitioners outside SCA have been providing this choice for some time and their world has not fallen off its axis. We will be researching this further to determine the pros and cons of this option. Stay tuned.
Michael Teys advises strata management businesses on improving profitability through professionalisation and streamlined operating systems.
He has more than 30 years’ experience as a strata lawyer and academic and has owned 11 strata management agencies throughout Australia. He has a Master of Philosophy (Built Environment) and Bachelor of Laws. He lectures and writes widely about strata management issues in Australia and internationally.
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