#77060
Jimmy-T
Keymaster

    To vary the unit entitlements needs anew survey, a current valuation to apportion the unit entitlements and the help,of lawyers. Who is going to pay these bills ?

    The law does allow for the adjustment of UEs but, as Kaindub points out, it is a complicated and expensive process.  As a result, it tends to be the most egregious distortions – where one owner benefits to the disadvantage of the vast majority of other owners – that are corrected.  An example would be where the developer has kept the UEs for a large commercial lot, or a penthouse apartment, low to attract buyers, meaning that all the other owners in the block effectively subsidise one or two owners.

    It is not financially or micro-politically  feasible to tweak UEs to make them a bit more fair for some owners.

    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.