Advice needed: Managing agent has Hijacked our complex?
Looking for advice regarding a Body Corporate and managing agent in South Africa.
I am a newly appointed trustee - Our managing agent has been in place for over six years and is refusing to allow termination of the agreement. We have also been denied access to the Body Corporate’s bank accounts, financial information and important complex documents.
CSOS has advised us to approach the PPRA.
Has anyone dealt with something similar? Specifically, can a managing agent refuse termination, could withholding access to accounts/records constitute misconduct, and what process or SGM requirements should the Body Corporate follow?
It’s so frustrating and scary.
Any experience dealing with this would be appreciated.