There’s no specific conflict of interest, if, as he says, it was all done with the appropraite number of votes. However, there is a legal principle that applies called something like “fraud of the minority’ which has been used for situations exactly like this. Get together with some other owners and talk to a strata lawyer about getting more money out of the owner and adjusting the Unit Entitlements while you’re at it.
If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.
