The developer and body corporate manager hold a meeting of the Corporation before the owners have settled on their units. The owners paid deposits some years earlier however they were not informed of the meeting. The developer and manager committed the Corporation and its owners to a a 15 year contract with the manager, 25 years with a hotel manager and an open ended agreement with the Council to pay for the developer’s encroachment onto Council land. We believe that the manager failed to act in the best interests of the owners who would be paying their wages. Click on the video below (Channel 7 Today tonight May 2009) for details.
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