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I LIVE IN A STRATA COMPLEX OF 32 UNITS, THE PROPERTY WAS…

Customer Question
I LIVE IN A...

I LIVE IN A STRATA COMPLEX OF 32 UNITS, THE PROPERTY WAS ORIGNALLY A MOTEL 30 YEARS AGO, EACH WAS SOLD.

Lawyer's Assistant: Where is the property located?

SORRY, PRESS THE WRONG BUTTON,

Lawyer's Assistant: Has any paperwork been filed?

BOWRAL, THE BODY CORPORATE IS BEING CHARGED COMMERCIAL INSURANCE, THERE ARE 10 ON SITE RESDENCE AND THE OTHER UNITS ARE LEASED OUT BY VARIOUS AGENT AS SHORT TERM. MY QUESTION IS THE BODY CORPORATE MAKES NO INCOME FROM UNITS RENTED OUT SO WHY ARE WE CHARGED COMERCIAL INSURANCE?

Submitted: 7 months ago.Category: Australia Law
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Answered in 5 minutes by:
11/26/2017
Solicitor: John Melis, Lawyer replied 7 months ago
John Melis
John Melis, Lawyer
Category: Australia Law
Satisfied Customers: 3,311
Experience: Principal Lawyer at Legal AU Pty Ltd
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Dear customer, my name is***** solicitor in Melbourne, thank you for using Just Answer, I will assist with your question today.

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Solicitor: John Melis, Lawyer replied 7 months ago

do you have a copy of the body corporate rules, as this will govern the matter in relation to the type of insurance that applies.

have you reviewed the insurance provision ?

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Customer reply replied 7 months ago
No there are no Documents regarding this matter
Solicitor: John Melis, Lawyer replied 7 months ago

ok. this is where the problem is occurring, as there is insufficient governing control of the unit members.

the next step for the unit members (holder/owners) is to call for a general meeting to hold a resolution to rectify the issue.

have you considered this step yet.

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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