› Flat Chat Strata Forum › Parking Peeves › Allocation /purchase of car spaces › Current Page
10/05/2016 at 3:46 pm
#24894
Hi PeterC
Many thanks for the great insight. It is good to know the problems further down the track if we do not get it right in the first place.
The car spaces are in the common property. Unfortunately they are all unequal (re: size and location etc., etc.) and it is not possible to change them. Therefore an independent valuation, auction process, an exchange of money with resultant proceeds divided among the four owners are proposed so that the ‘allocation’ can be more equitable.
By the way, where did you get the legal advice? They might have offices in Sydney. It might be useful to get some legal advice before commencement.
Kind regards
AYK