› Flat Chat Strata Forum › Common Property › Extending into roof space on building › Current Page
31/10/2016 at 10:34 pm
#25692
You will need council approval and a special resolution by-law from your owners corp.
The formula, as established by the High Court is x = a – (b+c) where
x = the amount you pay the owners corp
a = the agreed estimated value of the improved apartment
b = the agreed value of the unimproved apartment
c = the agreed cost of the improvements, including plans and legals
Hope that makes sense to the algebra-challenged.