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  • #80470 Reply | Quote
    1401victoria
    Flatchatter

      Hi, how hard is it to dissolve a strata and where do you start? A house I’m looking at buying has somehow (two owners ago) been set up in a strata with one other house. The owner of the other house is elderly and it appears that she now has no idea about the situation. Who would I go to on advice as to what might need to be done to dissolve this? Thanks

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    • #80480 Reply
      kaindub
      Flatchatter

        Start with a property lawyer. You’re going to need one in the end to do all the legals. They will advise you what needs to be done.

        A bid hurdle will be getting approval of the  local council. The land will needto be subdivided, and it needs to meet certain requirements resize amongst other things.

        Also both lots will need to agree to the separation and to pay the  other small  costs.

        Another solution would be to engage a strata manager. As an impartial observerthey xcould structure the existing strata to be functional.

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      Reply To: Reply #80480 in How do you dissolve a two-unit strata scheme?
      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.

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