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– The CTTT can do so under s183 of the SSMA. This is a bit cumbersome.
– Is there an easier way, like passing a resolution and registering it with the Registrar-General? I've googled it and it seems possible by Special Resolution accompanied by Approved Form 30.
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I think you can do it this way but only with a unanimous vote in support.
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Sadly, there's no easy way here.
You can't change strata unit entitlements in NSW other than by getting a CTTT order under section 183. And, that kind of application can only be made on limited grounds and needs a detailed (means expensive) valuation of all lots in the strata building to support it too.
Having said that, if you've got a good valuation and you can show the developer didn't rely on a valuation when the unit entitlements were set, you might also be able to get a costs order against the developer and repayment of any overpaid levies for the last 6 years.
So if it's worth doing, there's some upsides.
Francesco Andreone
We are in a block of 4 townhouses. The buildings are all roughly the same size. All are roughly the same value.
2 are 430m2 and 2 are 310m2. The larger ones have extra land. All levies are the same.
Is the any chance of having the entitlement adjusted?