How to switch your body corporate manager to Quarter

Switching manager is one vote of the owners and a handover. You don’t need to wait for the AGM: the Chair can put it to owners as a written resolution, and once it passes we work with your current manager to move everything across for the switchover date.

The switch, step by step.

  1. 1

    Find your home & try out Quarter

    Find your home on the map. Claim it and try out Quarter for yourself. If you like what you see, propose switching to Quarter, or add your support if a neighbour already has.

    The proposal comes drafted: a motion engaging Quarter NZ Limited as your body corporate manager from a switchover date, with Quarter’s management agreement and our proposal attached to the notice every owner receives. It works whether you’re leaving a manager or running the building yourselves: it ends any other manager’s engagement, and does nothing where there isn’t one.

  2. 2

    The Chair calls for a vote

    The Chair issues a notice of a resolution to be passed without a general meeting (they can do this in Quarter).

    A resolution passed without a meeting is as valid as one passed at a general meeting (Unit Titles Act 2010, s 104). Engaging Quarter is a special resolution, because the motion also nominates Quarter to operate the body corporate’s bank account (s 115(3)), so it passes once 75% of eligible voters vote for it. Owners vote in Quarter, or on a paper form if they get their notices by post. Voting stays open for 21 days, and the motion passes the moment it reaches 75%.

  3. 3

    We’ll manage the handover

    We’ll work with your existing manager (or you if you’re self managed) to get the necessary documentation loaded up into Quarter.

    Your current manager’s agreement sets the notice it needs, and what it must hand back and by when: every body corporate manager’s agreement has to say so (Unit Titles Regulations 2011, reg 28C). The motion asks it for the register of owners, the financial records, the long-term maintenance plan, the insurance policies and any money it holds, by the switchover date, and the money moves to a trust account Quarter holds for your body corporate alone. Send us your current management agreement and we’ll tell you the notice it needs and what leaving costs.

  4. 4

    On the switchover date, you’re live!

    That’s it! Owners will start receiving communications from Quarter. We’ll let you know when things need to be done, and you can log in to quarter.nz to see everything at any time.

    The switchover date is in the motion the owners vote on. By default it’s the first day of your next financial year, so a year of Quarter’s fee can be planned in that year’s budget, and you can choose another. Your current manager’s notice period sets the earliest it can be.

You might be wondering...

How long does it take to switch to Quarter?

The vote takes up to 21 days, and passes sooner if 75% of eligible voters agree before then. Quarter starts on the switchover date in the motion: by default the first day of your next financial year, or a date you choose, no earlier than your current manager’s notice allows.

Do we have to wait for the AGM?

No. The Chair issues a notice of a resolution to be passed without a meeting, and owners vote on it in writing (Unit Titles Act 2010, s 104). If your Chair won’t, owners of 25% of the principal units can require an extraordinary general meeting to decide it (s 89A).

Why does it need 75%?

Engaging a manager on its own is an ordinary resolution. The motion also nominates Quarter to operate the body corporate’s bank account, so it can pay the bills the committee approves, and that takes a special resolution (s 115(3)). In writing, a special resolution needs 75% of eligible voters (s 104(3)).

Can the committee decide it on its own?

No. A matter the Act leaves to a special resolution can’t be delegated to the committee (s 108(2)(b)), so the owners decide.

We’re in a contract with our current manager. Can we still switch?

Yes, on the notice its agreement sets. Every body corporate manager’s agreement has to say how it can be ended (Unit Titles Regulations 2011, reg 28C(d)), and the motion ends it in accordance with its terms. Send us your agreement and we’ll tell you the notice it needs and what leaving costs.

What happens to our money?

It moves to a trust account Quarter holds for your body corporate alone, never pooled with another’s. Your outgoing manager transfers the funds by the switchover date, and owners get levy notices with the new payment details.

We have 10 or more units. Can we still switch?

Yes. A large development must have a body corporate manager unless its owners opt out by special resolution (s 157B). Quarter is one, so switching to Quarter keeps you within the Act.

We manage ourselves now. Is it the same?

Yes. The same motion engages Quarter and ends any other manager’s engagement, which does nothing where there isn’t one, and we work with you rather than a manager to get the records across.

What does Quarter cost?

$12 a unit a month, $8 from the 51st unit and $5 from the 101st, GST inclusive, and the first 30 days are free. No commissions, no disbursements and nothing per meeting. There is no fixed term: the body corporate can end it on 30 days’ notice, with no exit fee.

Start with your home.

Find it on the map, try Quarter for yourself, and propose the switch to your neighbours.

Find your home