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Owners Corporation

Questions to Ask Before Changing Owners Corporation Manager

May 2025 — LaVida Property

Changing Owners Corporation manager is a decision that committees and lot owners sometimes delay, even when there are genuine grounds for concern. The process is often more straightforward than people expect.

Before initiating a change, it is worth considering the following questions.

What are the specific concerns with the current manager? Clear, documented concerns are easier to address — either by raising them with the current manager or by presenting them to the Owners Corporation when proposing a change.

What does the current management agreement say about termination? Management agreements typically include notice periods and termination provisions. Understanding these before proceeding avoids complications.

What does the committee want from a new manager? A clear brief — covering communication expectations, reporting requirements, fee structure, and specific building needs — helps in evaluating proposals and selecting the right manager.

How will the transition be managed? A well-managed transition minimises disruption to lot owners and ensures that records, funds, and documentation are transferred correctly.

Lavida provides Owners Corporation management services for residential, commercial, and mixed-use buildings. We are available for a confidential initial discussion with any committee considering a change.

This article is provided for general information purposes only and does not constitute financial, legal, tax, or investment advice. Readers should seek independent professional advice for their specific circumstances.

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