Decisions decided upon by 3 out of 8

› Forums › Strata Committees › Current Page

Create New Reply
  • Creator
    Topic
  • 01/03/2011 at 2:53 pm #7265 Reply | Quote
    Anonymous

      At a recent exectutive committee meeting of our strata of 8 units only 5 members were in attendance. Of those 5 owners only 4 were up-to-date with their payments and were therefore not “financial” and subsequently not allowed to vote. This meant that only 4 were able to vote during the meeting and mostly the decisions went 3-1.

      With so few people in attendance, does this form a real quorum and can 3 people decide on big financial decisions ($40,000.00) by just 3 people.

      Is there any recourse to this decision by law?

       

      Thanks in advance.

      Cool

    • Creator
      Topic
    Reply To: Reply #12596 in Decisions decided upon by 3 out of 8
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

    You can use BBCodes to format your content.
    Your account can't use all available BBCodes, they will be stripped before saving.

    Your information:




    › Forums › Strata Committees › Current Page