Does the body corporate/owners corporation have a fixed contract with a strata management company? Can management companies be changed if the owners corporation choose to do so? If so, are there costs involved? – Susanne, NSW

Q: Does the body corporate/owners corporation have a fixed contract with a strata management company? Can management companies be changed if the owners corporation choose to do so? If so, are there costs involved?

 

A: You are able to change strata management company if you are unhappy with your current one, however, there may be implications and precautions to take.

You may want to look at your existing strata management contract, specifically at the details and processes around terminating the contract before the end date. There should be details around the process of terminating the contract, and the fees associated with doing so.

If you are looking to switch your strata management company, try PICA Group by clicking here. We can help you change strata management company and guide you through the process, as well as formally notifying your current strata provider of the switch.