#13113
Jimmy-T
Keymaster

    I think, in fact, all it requires is a special resolution (75 percent) but you have to make sure that no one is being unfairly disadvantaged ( I think the term is “defrauding the minority”).  In other words, if there is a benefit to some owners in buying common property, a fair amount has to flow back to all owners, even if the majority agrees otherwise.  That’s why the Supreme Court established the formula described above.

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