New Balconies, can the 75% rule be applied?

› Forums › Collective sales – the 75 percent solution › Current Page

Create New Reply
  • Creator
    Topic
  • 24/11/2018 at 1:15 am #12045 Reply | Quote
    Tillschen

      BALCONY BEFUDDLEMENT

      Hello!

      I just read the post here – but am not clearer on a balcony questin we have please: http://www.flatchat.com.au/forced-sales-process-explained/.

      Our building of 15, 10 are water facing and 5 street (rear) facing. The front added balconies 8 years ago (and took up masses expense of communal waterfront lawn with no compensation, that’s another story). 

      The rear 5 would love to add balcony for a) amenity and b) if placed on the side, give us all immediate water views, so great added value. There is one dissenter/non-occupier who won’t agree, the other 4 are very keen. Is it possible to enforce a 75% rule here? 

      I asked my strata company endlessly and finally received an answer: 

      “You can’t force someone to pay for a balcony that they don’t own to pay for. This expense would not be a body corporate expense therefore the 75% vote would not be enforceable here.”

      Could you please if this is accurate? I think they mean “don’t own’ as in it doesn’t exist yet?

      Many thanks ,

      Balcony Befuddled. 

    • Creator
      Topic
    Reply To: New Balconies, can the 75% rule be applied?
    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 › Collective sales – the 75 percent solution › Current Page