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It is important to note that the owner of Progressive Strata, Karina Heinz, had a personal cost order against her after taking my insolvent two lot scheme to Supreme Court . See here: In Xabregas v The Owners – Strata Plan No 79205; Moallem v Consumer Trader & Tenancy Tribunal (No 2), White J made a personal costs order against the strata manager for instructing a lawyer to institute proceedings without reasonable prospects. In his judgment, White J emphasised the high responsibility of a strata manager appointed under section 162 of the Strata Schemes Management Act 1996 (NSW).
This case should be compulsory reading for all potential apartment owners.
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