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Online looney


  • Joined: Mar 2007

  • Drives: VW Beetle
well i did some hunting,

and basically the contract was in both names

and i have spoken to another PM and a solicitor about it, they basically say that all i need to do is ask them for a trust account audit & for them to send any request for money CC'd through REBA & REIWA

those two steps alone will make them wish they hadn't asked me, because apparently they are supposed to lodge the bond within 7 days or face a penalty, and are supposed to do trust account audits every month.

so effectively they are in dees $#!t if they actually want to own up to their mistake.

the effective viewhas been that, i pay them a % as property managers to manage my property. their actions indicate that they were in fact not acting in accordance with appropriate processes (to have let this slip for 4 years),

we'll see if they call me again, and i'll just ask them as i have been instructed to do, and see how much further they take it.



Offline Cuso


  • Joined: Oct 2008

  • Location: Canberra
If they are managing your property well then just pay up, if they are stuffing you around go down what ever avenue you want.

a good PM is hard to find!



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