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-   -   Owners Corporation contributions (https://www.askmehelpdesk.com/showthread.php?t=668934)

  • Jun 9, 2012, 01:57 PM
    kim59
    Owners Corporation contributions
    Hi

    I am a member of a 3 person owners corporation, each with one third liability. We used to employ the services of an outside contractor to mow the common property lawns. It was agreed at at an AGM one of the owners corp members would replace the contractor. This person would send an account to the Owners Corp under his business name. As with the other two members, that person would still be liable for one third of the bill.

    The account was for the amount of $600. That person now wants the entire amount of $600 recognised in lieu of his Owners Corp yearly contributions. All members contribute $1000. That person now believes he only needs to pay an extra $400.

    Is it not correct, as that person was liable for one third of the $600, their contribution should only be recognised as $400? This would result in him still owing $600 toward Owners Corp contributions?

    Any thoughts please?

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