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Limits on spending can protect interest of condo owners

I refer to the Voices letters about the Building Maintenance and Strata Management Act. The current Act has indeed provided adequate and clear guidelines for condominium owners in areas such as management disclosure about matters of finance, work orders, et cetera.

I refer to the Voices letters about the Building Maintenance and Strata Management Act. The current Act has indeed provided adequate and clear guidelines for condominium owners in areas such as management disclosure about matters of finance, work orders, et cetera.

To attend or not attend annual general meetings is an owner’s right, as one can appoint a proxy. Also, any agenda for discussion can be readily submitted to the management, to be included in the AGM.

There are always restricted matters on the agenda at AGMs. This is to protect the interest of condo owners by limiting the management council regarding expenditure. What matters to owners is that the council does not use funds irresponsibly.

If a limit, say $30,000, is imposed on the council, then even owners who did not attend the AGM would be safeguarded.

Having said that, I salute elected council members, who should be given some respect. They are volunteers and are spending their private time to manage a condo for all.

I am sure that whoever has been in a council would have encountered brickbats and residents’ complaints about them. But I hope there are also sensible fellow condo owners.

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