Topic: Over 55s stratas

This topic has 2 replies, 3 voices, and was last updated 7 years, 8 months ago by -.

Creator

Topic
20/02/2019 at 6:23 pm #35926 Reply | Quote
gaffers
Flatchatter
Where can the rules for Over 55 stratas be found? Can an over 55 owner lease the apartment? Can it be leased to an under 55 couple?
Creator

Topic

Viewing 2 replies - 1 through 2 (of 2 total)

Author

Replies
21/02/2019 at 8:39 am #35946 Reply
Jimmy-T
Keymaster
Check the conditions of sale in your contract and the by-laws of the scheme. It is very unlikely that they will allow families with under-55-year-olds to live there.

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.

Quote
21/02/2019 at 10:09 am #35952 Reply
Lady Penelope
Flatchatter
I agree with JT.

In 55+ communities it is often the case that at least one occupant must be 55 or older.

Quote
Author

Replies

Viewing 2 replies - 1 through 2 (of 2 total)

Reply To: Over 55s stratas

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.