Skip to main content

Construction issues resolution in Sydney - Part 2


In the earlier post I described the timeline of the intriguing case of construction issues/defects resolution.

What's obvious:
  1. Nobody is rushing to fix the earlier reported issues
  2. Vendors don't do anything to fix the issues
  3. Strata management doesn't assist in fixing the issues, but forward messages to the executive committee of the owners corporation
  4. Treasurer of the owners corporation Executive Committee is somehow involved in the process and communicates directly to vendor, strata manager and the builder. No visible results though, but just promises of better future.

Research

The owner initiated the following research:
  • Strata rules to see who is responsible for what in terms of building defects
  • Seeking legal advice to set up a plan for further actions against the Vendor and/or the Builder
  • Requesting strata scheme account statement

Outcomes

  1. There is no law for breach of contract. So legally there is no obligation to act as per contract of sale even after it is signed. This is what the lawyer said to the owner. In this case that means the Vendor doesn't necessary have to fix the defects at their own expense in 6 months after the contract completion.
  2. Some of the building defects that were reported as individual unit defects are actually Owners Corporation (OC) responsibility to repair. That means the rectification work should be done on OC expense. Builders are responsible by law to provide warranty and rectify the building defects. However not all of the defects were included by Strata Manager, Vendor and Executive Committee (EC) as OC representatives in the list of OC defects in this case.
  3. EC used some of the OC money from sinking fund to help the Vendor and Builder to rectify some of the defects. No communication on that has been done to the rest of OC. Also no result of defects rectification, but EC constantly says that owners have to be patient and wait.
  4. Questionable expense items on the OC account.
  5. The Builder declines to rectify some of the defects and refers the owner to body corporate. 
Other posts from this story.

Comments

Popular posts from this blog

Energy Business Case - Coal Mine in West Virginia

Situation Coal in Africa: An opportunity is available to invest in a coal mine in West Virginia. The mine’s value is less than in past years because of actual and anticipated restrictions on coal-fired power generation in the United States. However, the mine has a chance to sell its coal on contract to a public utility in West Africa. The utility is working through the World Bank for financing to build a number of coal-fired power plants. If they obtain World Bank financing, then a customer for the coal mine is assured, at least for the duration of the contracts. The power plants will employ the best current technology for burning coal, which exceeds all current air quality standards for the region. However, the power plants will not be designed to attempt carbon capture. The area of Africa the plants will serve suffers from extreme energy poverty, with some of the lowest per capita energy consumption in the world.

Overview of the Region West Africa is the westernmost region …

Wine - Castello del Poggio Moscato Provincia di Pavia

Awesome wine. Sweet with notes of pear, caramel, apricot.


Some details

Mastering The Multitasking

There is usually two distinct perspectives on multi-tasking:

1. Multitasking is counterproductive. We get distracted by multiple tasks that all get our way and fight for our scarce attention, time and resources. This leads to a common fallacy that if you do multiple activities “at a time” you are not doing good work in any of those.

2. Multitasking is a way of getting many things done in a short period of time or in a long run.

Indeed it can be either a disaster or a great helper depending on how it is used and practiced.

Most recent research shows that we don’t do multiple tasks purely in parallel or simultaneously. That means we don’t purely multi-task, but switch between tasks and execute them one at a time, but by spending very small timeframes on each task.

A good example from the history is a story about Julius Caesar capabilities in that area. Plutarch writes, “Caesar disciplined himself so far as to be able to dictate letters from on horseback, and to give directions to two w…