Forums Common Property Current Page

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  • #10133 Reply | Quote
    Freya
    Flatchatter

      Hello,

      I’m new to being part of an Owners Corporation and am unsure about whether common property can be purchased and developed for exclusive use by an Owner.

      I understand an Owner can request exclusive use of common property. But what if the Owner wants to develop the common property into a private courtyard? They already have council approval to do this? The renovation would involve converting their windows on the exterior wall into french doors leading to a private courtyard.

      The Owner has also inquired about purchasing the common property for the above purchase. They have suggested that the money for the purchase could go into the sinking fund. This doesn’t make sense to me as how is this benefiting the other Owners.

      Also can decisions on these matters be carried by majority vote, or would all members of the Owners Corporation need to agree.

      Some input on this matter would be greatly appreciated.

    Reply To: Reply #23954 in Private Courtyard on common property
    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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    Forums Common Property Current Page